What is stagflation? How about a K-shaped economy? Definitions of economic terms

Here’s a set of definitions for common and emerging economic and fiscal terms often seen bandied about in news reports.
U.S. News & World Report

Here's What 2 Quarters of Negative GDP Mean for You

For the first time since 2009, the U.S. gross domestic product was negative for two quarters in a row. After dropping 1.6% during the first quarter of 2022, the GDP fell another 0.9% in the second ...
Washington Examiner

Economy in recession range, with GDP contracting 0.9% in second quarter

America’s GDP fell at a 0.9% annualized rate in the second quarter, a preliminary estimate from the Bureau of Economic Analysis showed Thursday morning. The report marks the second straight quarter of ...
CNN

Latest GDP reading confirms the US economy shrank for two straight quarters, supporting one definition of a recession

The US economy shrank by 0.6% during the second quarter of the year, according to the latest gross domestic product estimate from the Bureau of Economic Analysis released Thursday. That matches the ...