Technical Recession Confirmed: US Economy Shrank 0.6% In Q2

US economy enters technical recession after growth tumbles 0.9

US economy shrinks for second consecutive quarter

Another key measure of the

Gross domestic product, the broadest measure of goods and services produced across the economy, shrank by 0.9% on an annualized basis in the three-month

Another key measure of the economy's healthknown as final sales to private domestic purchasersalso rose 3% in the first quarter, edging up from 2.9% in the

U.S. economy went into reverse in the first quarter, new GDP data

The U

The U.S. economy shrank for a second quarter in a row this year, a third and final estimate from the Bureau of Economic Analysis confirmed Thursdayonce again signaling the start of a

Technical Recession Confirmed: Economy Shrank 0.6% Last

US: Technical recession - Rabobank

US Economy in a Technical Recession, Final GDP Shows