The recession is delayed, again

 1Q2023 GDP, third estimate: +2.0% annualized rate Nominal: $26.5298 trillion Nominal change yoy 1Q: 7.23% Real: $20.2828 trillion Real change yoy 1Q: 1.80%

 

First-quarter economic growth was actually 2%, up from 1.3% first reported in major GDP revision