I’m not an economics expert, far from it, but my understanding is that as long as there is positive economic growth then the nation isn’t technically in a recession. Imagine my confusion when I watched financial expert Todd Schoenberger of The Blackbay Group proclaim that the nation is in the middle of a recession despite reports showing overall growth in the economy.

 

Photo: net_efekt/Flickr

Watch: Is the economy in a recession?
Despite economic growth, one financial expert states that the economy is in a recession right now.