Biden says 'no surprise' economy 'slowing down' as economy enters technical recession

‘Doesn’t sound like a recession to me’: US economy shrinks with a drop in GDP

The US economy has shrunk for the second consecutive quarter with a drop in GDP of 0.9 per cent. In many countries, it would mean a recession, however, the US uses different economic data to determine that outcome. President Joe Biden has told Americans it's no surprise growth is slowing. “Let me just give you what the facts are in terms of the state of the economy, number one we’ve a ... record unemployment of 3.6 per cent today,” Mr Biden s…

Biden says US. not in recession despite GDP report

OAN Newsroom UPDATED 10:01 AM PT – Friday, July 29, 2022 President Joe Biden claims America is not in a recession despite economists saying otherwise. One America’s Lexington Howe has more. MORE NEWS:Ark. AG Rutledge Discusses Political Fight Ahead Of Midterms

‘Doesn’t sound like a recession’: Biden optimistic despite economy contracting

WASHINGTON — President Joe Biden tried to soothe Americans' worries about the strength of the economy on Thursday, after new data showed it had contracted for two quarters in a

'Doesn't sound like a recession': Biden optimistic despite economy contracting

President Joe Biden and top White House officials tout several positive facts about the US economy, including that employers are still hiring, unemployment is at 50-year lows, and manufacturers are still investing

Twitter torches Biden for claiming it 'doesn't sound like' there's a recession: 'Out of touch.'

Conservatives torched President Joe Biden after he claimed it "doesn't sound like" there's a recession to him during a White House speech on Thursday.

Biden: Economy slowing down but not in recession

During a meeting with CEOs and business leaders Thursday, President Joe Biden continued to dismiss claims the U.S. is in a recession, pointing to a "historically strong" job market along with robust consumer spending and business investment. (July 28)