“When we think about the economy, it can’t be reduced to one number. It really needs to a be a broad look at conditions across the board.”
Chief U.S. Economist Lara Rhame joined Bloomberg this week to break down the key indicators she’s watching to determine if the U.S. will enter a recession, ahead of the GDP number release at the FOMC meeting. Watch the video to hear Lara’s explanation of consumer sentiment numbers, job data and all the factors that make up such a nuanced forecast in this unpredictable time.