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Benzinga
Benzinga
Business
Dylan Wechsler

As US Economy Weathers Inflation, GDP Growth Turns Negative: Are We Headed For A Recession?

For the first time since the start of the COVID-19 pandemic in 2020, the Bureau of Economic Analysis has reported a decrease in real gross domestic product –— GDP. 

What Happened: The BEA released its third estimate Wednesday of the GDP net percentage change for the first quarter of 2022. 

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