If it looks like a recession and quacks like a recession...
CNN
Is the United States heading for a recession? Or is the economy already in one? It -- almost -- doesn't matter.
For many Americans, it already feels like a recession. Soaring prices for, well, just about everything, make it tougher to pay for everyday expenses and monthly bills. The stock market has tanked this year. Home sales have started to slip. Consumer confidence is low.
A recent Morning Consult/Politico poll showed that 65% of US voters said in mid-July that they think we're in a recession....and that's compared to just 51% saying that in March 2020, the beginning of the US Covid outbreak and the start of the last recession.
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