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Allaying the Specter of Recession

The United States is approaching recession. However, we must wait for economic growth data for the third quarter of 2019 to confirm this. Economic growth in the second quarter of 2019 slowed significantly to 2.1 percent.

By
Ari Kuncoro
· 8 minutes read
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DIDIE SW

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The United States is approaching recession. However, we must wait for economic growth data for the third quarter of 2019 to confirm this.

Economic growth in the second quarter of 2019 slowed significantly to 2.1 percent year-on-year (yoy) from 3.1 percent in the first quarter.

Editor:
Nasru Alam Aziz
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