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U.S. recession may have started nearly one year ago, says former Fed adviser | Creditnews

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Summary
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71% Informative

Former Dallas Fed adviser Danielle DiMartino Booth says the U.S. economy is exhibiting the tell-tale signs of an ordinary recession.

She cited the sharp rise in Chapter 11 bankruptcy filings, higher unemployment, and a lack of housing demand as evidence of recessionary forces.

Booth's worries are reflected in the latest batches of economic data.

VR Score

82

Informative language

89

Neutral language

12

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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