Eurozone slips into recession as revised data shows two quarters of economic contraction - eviltoast
Eurozone slips into recession as revised data shows two quarters of falling output | CNN Business
www.cnn.com
The 20 countries that use the euro fell into a mild recession around the turn of the year, as high inflation discouraged consumer spending and governments tightened the purse strings.
  • maynarkh@lemmy.mlEnglish
    0·
    1 year ago

    Quick question, wasn’t that true for the US as well for a while? I seem to remember them meeting the same criteria for a recession, but the White House just said “it doesn’t count!”