Why some experts say fears of a recession could lead to one

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Why some experts say fears of a recession could lead to one – CBS News

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Some financial experts say the U.S. is headed into a recession, defined as two back-to-back quarters of falling GDP, as inflation continues to soar. In the first quarter of 2022, the U.S. GDP dropped by 1.6%. Javier David, managing editor for business and markets at Axios, joined CBS News to discuss why some experts say consumer fear could make matters worse.

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Adam Verdugo

Adam Verdugo CBS News Adam Verdugo is the executive producer of the “CBS Evening News with Norah O’Donnell,” CBS News’ award-winning and flagship daily evening news broadcast based in Washington D.C. Verdugo joined CBS News in 2013 as a senior producer for “CBS This Morning” in Los Angeles, before moving […]

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