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SBS On the Money: Why officials are calling a US recession, when it may be in one

On the Money - Recession (SBS-Getty).jpg
Source: SBS News

The US has experienced two quarters of negative economic growth, but officials are declaring it a recession. SBS Finance Editor Ricardo Gonçalves speaks with Commonwealth Bank's Kristina Clifton to find out why, plus Marcus Bogdan from Blackmore Capital to find out how the market reacted; plus we take a look at the skills shortage in the housing construction industry with the HIA's Thomas Devitt.


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By Ricardo Gonçalves

Source: SBS News



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The US has experienced two quarters of negative economic growth, but officials are declaring it a recession. SBS Finance Editor Ricardo Gonçalves speaks with Commonwealth Bank's Kristina Clifton to find out why, plus Marcus Bogdan from Blackmore Capital to find out how the market reacted; plus we take a look at the skills shortage in the housing construction industry with the HIA's Thomas Devitt.



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