Thursday/ signs of a recession

The GDP number for Q2 is out: -0.2%.
So technically, we’re in a recession (two quarters of negative GDP), but per the New York Times: declaring a recession falls to a private, nonprofit research organization, the National Bureau of Economic Research. The group defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months,” and it bases its decisions on a variety of indicators — usually only months after the fact.