HKS Authors

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Abstract

U.S. consumer sentiment by one measure is at its lowest level since 2011. More Americans say they hear mostly negative news about the economy than hear positive news, or a balance of positive and negative. A majority of Republicans and many Democrats tell pollsters they believe we are currently in recession.

Citation

Frankel, Jeffrey A. "Inflation Isn’t Recession. The Chances of a Downturn Are Lower Than People Think." Barron's, June 8, 2022.