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August 3, 2022

Real GDP contracted for the second consecutive quarter in Q2 leading to a debate over whether or not the economy is in a recession. Historical analysis shows that mild recessions can still have a large impact on corporate profitability and the labor market.

The most recent U.S. real GDP release has created a debate over whether or not the U.S. economy is in a recession and the implications this has on future outcomes.  There have been similar periods that were considered shallow or technical recessions that still experienced sizeable negative outcomes for corporate profits which contributed to weaker...
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