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Tribune News Service
Tribune News Service
Business
Phillip Molnar

Is the US already in a recession? Economists and biz leaders disagree

Recession United States GDP Economy Unemployment Inflation Interest Rates UC San Diego University of San Diego US Federal Reserve

Most Americans think the U.S. is in a recession right now.

Roughly 76 percent of Americans believe the economy is already in a recession, according to a September poll by Cinch Home Services.

The current economic picture, with a strong labor market, does not fit a traditional definition of a recession. Yet 11 percent of economists surveyed by the National Association of Business Economics believe the U.S. is in a recession.

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