A technical recession looks certain.
Second-Quarter GDP Growth Estimate Decreases
On July 1, the GDPNow model estimate for real GDP growth in the second quarter of 2022 is -2.1 percent, down from -1.0 percent on June 30.
https://www.atlantafed.org/cqer/research/gdpnow.aspx
Second-Quarter GDP Growth Estimate Decreases
On July 1, the GDPNow model estimate for real GDP growth in the second quarter of 2022 is -2.1 percent, down from -1.0 percent on June 30.
https://www.atlantafed.org/cqer/research/gdpnow.aspx