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So, Are We in a Recession?
When advance estimates of second quarter GDP growth came in at -0.9% last July 28, the drumbeat of negative sentiment became deafening. After all, GDP growth was also negative (-1.6%) in the first quarter. Figure 1. Real GDP (Percent Change from Prior Quarter) “Two negative quarters of GDP growth” is one common rule of thumb … Continued
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Q4 2022 Preliminary Trend Announcement
Moody’s Analytics CRE releases its Q4 2022 preliminary trend results for the apartment, office, and retail property sectors.