Brian Deese: ‘Virtually Nothing Signals that This Period in the Second Quarter Is Recessionary’
‘We’re certainly in a transition and we are seeing slowing as we all would have expected’
EXCERPT:
DEESE: "Well, we're certainly in a transition and we are seeing slowing as we all would have expected. But I think if you look at the full data and the type of data that NBER looks at, virtually nothing signals that this period in the second quarter is recessionary.”
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