Thank you for including this caveat in today's story. No, I don't think we're in a recession. But it's almost certain that whenever we *do* enter one, we won't know it for several months.
. reported that consumption spending rose 0.4% in May (w/ a 0.5% rise in personal income). But American businesses are more pessimistic, pointing to softer growth ahead, or even contraction. ’s R. Curtin joins the conversation.