No, We're Not in a Recession: U.S. Economy Grew 2.9% in Q4

No, We're Not in a Recession: U.S. Economy Grew 2.9% in Q4

The fourth quarter numbers are welcome news for consumers, especially after months of warnings that the United States is headed for a recession. A recession is a period of economic decline, with one commonly held definition stating that a recession is when the GDP declines for two consecutive quarters or more. While the latest data shows we're not in a recession, there are still some causes for concern when digging deeper.