• Login
USAPeriodical.com
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Technology
  • Business
  • Celebrity
  • Influencers
  • Viral
  • Home
  • News
  • Entertainment
  • Technology
  • Business
  • Celebrity
  • Influencers
  • Viral
No Result
View All Result
USAPeriodical.com
No Result
View All Result
Home Business

GDP expected to fall in the second quarter.

This was somehow expected!

Harry King by Harry King
August 2, 2022
in Business
0
Reccesion
18
VIEWS
Share on FacebookShare on Twitter

GDP may continue to fall in the second quarter of the year. The statistics are showing a sign of possible recession. There are certain criteria that show the possible Recession. Just a couple of months back, the United States was facing inflation and it was estimated that the country might enter a state of recession. 

This is turning out to be true. The economy started to shrink to a level that it can be technically called a recession. 

A report is due to be published by The Bureau of Economic Analysis, which is expected to show that the GDP will rise only 0.5% if this happens there will be a steep 5.7% if we compare to last year’s April. This was anticipated up to some extent.

Related articles

The United States of America is entering a recession but is in the middle of Inflation?

Recession affects the Housing business as well, what more is left?

Recession
GDP is going down

Even this year, the economy went down by 1.2% from April to June. The GDP has already shown the worst performance in the first quarter as posted by us earlier. America is a producing country, which was the secret to its stable economy. But it is all shaky now. 

The data collected by NBER clearly shows that it is very likely that the country will definitely enter a state of recession. The question arises that how well the policymakers are going to handle this problem. 

Previous Post

Stranger Things fame Jamie Campbell Bower opened up about his Sobriety Journey

Next Post

Andrew Huberman’s Wife – All There is To Know About Her

Related Posts

American recession
Business

The United States of America is entering a recession but is in the middle of Inflation?

August 2, 2022
Recession
Business

Recession affects the Housing business as well, what more is left?

July 27, 2022
“The globally spreading recession is a clear and dangerous threat”, leading economics warn. 
Business

“The globally spreading recession is a clear and dangerous threat”, leading economics warn. 

July 21, 2022
Inflating economy
Business

The economy is in ‘Terrible condition” as the economy hits a 40-year Highest

July 18, 2022
Diesel Prices
Business

This is pushing the price of almost everything you buy

August 3, 2022
Microsoft
Business

Bill Gates plans to donate his virtual wealth to people

August 3, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

United States is far behind other countries in creating national digital currency

United States is far behind other countries in creating national digital currency

March 16, 2022
Featured

Pearl Minnie Anderson: Age, Bio, Career, Net Worth & More

July 29, 2022
Jamie

Jamie Martin Mann: Bio, Family, Debut, Education & More

June 10, 2022
Johnny Depp Amber Heard trial

Amber Heard found guilty of defamation, Johnny Depp’s legal victory.

June 2, 2022

Malachy Murphy: Age, Parents, Lifestyle & More

June 21, 2022

We are Looking for Teammates

Like what you read? Then, write what you like. Join the USAPeriodical team.

Join Us

USA Periodical is a Modern News platform focusing beyond your typical news stories. We bring to you unconventional content, that you won't find on leading American dailies. © USAPeriodical.com 2022-23.

© USAPeriodical.com - 2022

  • Follow on IG
  • Contact us
  • Privacy Policy
  • About Us
No Result
View All Result
  • Home
  • News
  • Entertainment
  • Technology
  • Business
  • Celebrity
  • Influencers
  • Viral
  • Login

© USAPeriodical.com - All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.