How the U.S. economy is losing momentum John Kemp, a Reuters market analyst, has been assessing how, despite not exactly being in recession, the U.S. economy needs a careful eye... Like U.S. Supreme Court Justice Potter Stewart's famously flexible definition of obscenity ('I know it when I see it') recessions have proved notoriously difficult to define with precision. Observers often disagree at the time whether the economy is already in recession, and sometimes afterwards whether a recession has occurred or just a 'soft patch' in an otherwise uninterrupted business cycle expansion.

https://en.as.com/latest_news/us-economy-and-finance-live-updates-social-security-checks-unemployment-rate-fed-interest-rate-hike-n/

#as