Biden says 'not concerned' about US recession
- Economy
- AFP
- Published Date: 06:42 | 28 April 2022
- Modified Date: 06:47 | 28 April 2022
President Joe Biden said Thursday he does not think the US economy will enter a recession, despite the release of government data showing GDP shrunk in the first quarter of 2022.
"I'm not concerned about a recession," Biden told reporters, pointing to jumps in consumer and business spending as well as low unemployment as bolstering his case that the economy is in good shape.
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