Barron's
June 8, 2022
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See citation below for complete author information.
James W. Harpel Professor of Capital Formation and Growth
Abstract
U.S. consumer sentiment by one measure is at its lowest level since 2011. More Americans say they hear mostly negative news about the economy than hear positive news, or a balance of positive and negative. A majority of Republicans and many Democrats tell pollsters they believe we are currently in recession.
Citation
Frankel, Jeffrey A. "Inflation Isn’t Recession. The Chances of a Downturn Are Lower Than People Think." Barron's, June 8, 2022.