Is the US in a recession? A survey found most Americans think so, and here's why

Is the US in a recession? A survey found most Americans think so, and here's why

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Business

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Hard

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The transcript discusses the disparity between public perception and economic measures regarding a recession in the U.S. A study reveals that many Americans believe a recession began over a year ago and may last until 2025, citing high costs and financial struggles. A Guardian Harris poll supports this belief, with over half of respondents agreeing. Economists attribute this perception gap to personal financial experiences. The last official recession occurred in 2020 during the pandemic.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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