New data from the Commerce Department shows that the economy shrank from April to June, and what this means for Americans.
WATCH the ABC News Live Stream Here:
SUBSCRIBE to ABC NEWS:
Watch More on
LIKE ABC News on FACEBOOK
FOLLOW ABC News on TWITTER:
#Recession #EconomyShrinks #ABCNLUpdate
source
Three adults are dead after a shooting contained in the lobby of a North York business office in Toronto. The...
Jane Fraser, CEO of Citigroup, testifies through the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of...
A union representing flight attendants for American Airlines Group said on Thursday that the newest round of talks with the carrier...
Starlink Mini promotional image.SpaceX customer email sent June 19, 2024.SpaceX is rolling out a compact version of its Starlink antennas,...
MacKenzie Scott donated $2 million to an activist group that reportedly has links to a Philadelphia-based organization that staged a...
Joe Biden is a coward.
Fk that we’re broke lol I hope they understand that’s how most people live life.
Ahhhh I see, so the majority of the population are feeling the pinch, but this is a “personal recession” – maybe people should just grow their own food and stop buying stuff so this “personal recession” will also affect those at the top.
Imagine if this was under Donald Trump…. the media and democrats would be calling for an impeachment!!! instead, the media wants to show their hypocritical colors and defend Brandon to the very end and make it seem like the Democrats had absolutely nothing to do with these economical problems we are facing. F##k you to all the media and everyone who was overjoyed when Brandon won!! I hope you guys are suffering every single day that passes.
Inflation is Transitory and this isn't a recession. Worthless liberals.
One side don't want to admit it
Headed for recession?? For the first time ever CVS and Walgreens have to put anti-theft devices on damn SPAM. You wanna take the "headed for" from in front of the word "recession". Tell the people the truth.
Based on the actual definition of recession, this video could be reworded as “New fears of recession after US economy falls into recession”. Unless of course you are a braindead puppet who listens to blatant lies being told by the current administration.
STOP THE PROPAGANDA! WE ARE IN A RECESSION NOW!!
Let’s go Brandon!
It is a recession and its joe bidens fault if you voted for him its your fault so thanks.
ABC News denying the obvious.
I'm pissed off. Get these idiots out of the white house and put someone in there that is competent.
Get old sleeping Joe out of there
They just spent over $50 Billion dollars on the Chips Act smh. Admitting we’re in a recession would mean they were wrong and that they had spent all that taxpayer money at the worst possible moment. And it’d make them look bad right before the midterms.
Are they really going to play the not yet game?,lol
Way to go Biden
People in public jobs should be held accountable. What’s stopping them from screwing everything up? Minimum they should loose their jobs. All these people should be fired including that senile president.
We are literally in a recession right this second. Now define what a woman is….
The new report confirms we are in a Recession. The reason why the media and the Democrats are being so wishy-washy and trying to redefine the word Recession is because, It looks bad on them.
And they don't want everyone to realize that we are in a recession, because they are worried about the 2022 midterm elections.
Thats the core reason why we have this charade. They don't want people to vote against them, in the midterms because they control both Houses and the Whitehouse and have caused all this crap. They don't want to take responsibility for their actions.
Is it really a recession or just the economy adjusting for the free money that was given out last year
Biden is a not a good leader, he needs to go. The worse thing you could say about Trump is he was very sensitive to critique, but at least he cared about the country, Biden could care less.
Newsflash: The economy is in a recession.This is the fault of anyone whom voted democrat. I only feel sorry for the smart people that didn’t fall for democrat party lies.
Stop the gaslighting. It's officially a recession not heading towards one
That’s why you don’t vote Liberal/Democratic
They are gaslighting us. Wake up.
Fear of a recession? We are literally in it already. Great reporting there hoebag.
Trump is far better than old and useless robot Biden
I miss the orange guy
“we aren’t there yet”is like a train traveling 200 km an hour ,inches from your face and saying it hasn’t hit me yet,hahahahhahahahahahhahha or a pro boxer hit you so fast already that you didn’t even realize it until you hit the canvas 😂😂😂😂😂
If republican was seated in the white house you all experts would definitely call it recession – bunch of political hacks!
Fear p0rn
A Recession is when your neighbor loses his job. Depression is when you lose yours. And recovery is when Joe Biden loses his.
THE GOVERNMENT IS GASLIGHTING YOU
This is just capitalist propaganda.
Deny all you want, we are in a recession!
By far the worst president that has step foot into the white house. Trash needs to go away.
We’re in a recession.
Now that I am older I find it funny how they call the recession we have been in for a while now OFFICIAL, only when it starts to affect the people who are making 6 figures are more. Haha
We are in a fucking recession
Not a recession a transition to the bread line
Yesss fk America 😂😂😂
lie lie lie and deny
Can somebody explain how to protect myself???
Stock up on food? Will power go out or water?
If power and water stay, it will be better.
What do I need???
good news.
2nd The Great Depression stared in February 2022 , most older people don't see it cause they already have jobs, unlike those who just graduated during or after pandemic. recession stared in May 2021, I haven't seen so many fake jobs post. Hell I lost a friend cause the cost of living, lack of career jobs, and no hope for the future others struggle in dead end jobs. I haven't seen it this terrible since 2008 but I feel back then it seem better at list recession 2008 only last two years then now where the recession of 2020 to 2021 to now living in the 2nd The Great Depression .