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How GDP Tells Us if We’re in a Recession


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How GDP Tells Us if We’re in a Recession

Now Playing 5/27/2020 5:30AM      The U.S. economy contracted 5% in the first quarter of 2020. With the coronavirus crisis continuing into the summer, economists are expecting an even steeper contraction in the second quarter. WSJ’s Carter McCall explains how GDP is calculated and how the coronavirus is impacting the equation. Photo Illustration: Jacob Reynolds/WSJ Up…

How GDP Tells Us if We’re in a Recession

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5/27/2020 5: 30 AM

The U.S. economy contracted 5%in the first quarter of2020 With the coronavirus crisis continuing into the summer season, economists are expecting an even steeper contraction in the second quarter. WSJ’s Carter McCall explains how GDP is determined and how the coronavirus is affecting the equation. Image Illustration: Jacob Reynolds/WSJ

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