Despite GDP growth, recession still ‘likely’ in coming months: Economic expert

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ABC News’ Linsey Davis spoke with chief economist at EY-Parthenon Gregory Daco about the state of the economy and potential warning signs of an incoming recession.

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I thought 6$ dozen eggs meant it was a booming economy

dustinbeaver

And yet we are sending billions to Ukraine 😂

nuzcxdt

And basically this means nothing. Daycare up $100. Gas up by $.80 a gallon, groceries up $100. Electric bill up $200. Or more.

rubbersoulgirl

The gave us the highest gas and the highest inflation ever

kensweetser

Stop saddling our kids and grandkids with the cost of our social security benefits and Medicare. Start by reducing social security benefits by using a sliding scale to take the most away from the youngest recipients and less from the older ones. Take away financial penalties so those of us who can work can return the work force to contribute rather than burden the system.

oleradiodudea.m.

GDP growth happens, in part, from gross Federal over-spending! 💲💵 Check Consumer Confidence to REALLY see what's happening. Better head for the lifeboats!

QwkDraw

They keep talking recession recession . Quit lying to the people . Why they building skyscrapers new homes new business popping up everywhere .

ASKQUESTIONLATERS

Prices should be crashing then, right?

rashadus

PEACE
CALM
PROSPERITY
FREE THINKING
GOOD HEALTH
HUMANITY UNITED
OPTIMISM

sanbruno

Imports down with people buying less, exports up driven by energy exports. Effect on formula, positive. Effect on people’s interaction with the economy? You tell me.

TrevForPresident

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