Officially in Recession

[Gander]

Now that we are in 2 consecutive quarters with negative growth, we are officially in a Recession. However, not according to the liberal media or the Biden administration. SMH. Can you imagine if Trump were still at the helm and we entered a Recession like we are now? There would be 24 hours of media coverage with headlines of "America in Peril" or "Trumps Recession". But since its just some old senile democrat, things are just going fine. Its transitory. Or we are in transition to green energy. Suck it up dumb Americans.

https://www.cbsnews.com/news/gdp-us-economy-2022-q2/

[Cwaysvt]

They won’t define a woman. It’s no surprise to me they change the definition of a recession.

[darealdeal]

Easy if you just change the rules.

[turbo]

They did the same with the CDC's definition of "vaccine".

Webster, I'm told and have not confirmed, followed suit.

[JABIII]

Even if they told the truth, no amount of media will have the impact that % increases on monthly household bills is fixing to have on Americans...

[ScoobieMcDoobie]

Purely anecdotal, but based on my current backlog of commercial construction jobs it sure doesn't feel like we are in a recession to me.

[jwilliams]

Purely anecdotal, but based on my current backlog of commercial construction jobs it sure doesn't feel like we are in a recession to me.

Commercial and residential construction are usually 18-24 months behind a lot of businesses.

[jwilliams]

They did the same with the CDC's definition of "vaccine".

Webster, I'm told and have not confirmed, followed suit.

and "age adjusted Death rate" among vaccinated and unvaxxed. Mind BOTTLING

[Saltydog235]

Purely anecdotal, but based on my current backlog of commercial construction jobs it sure doesn't feel like we are in a recession to me.

Yeah, I’m backed up about 8-12 months now. I keep telling my guys and subs to put a chunk away though. When the music stops it’ll hit like a freight train.

[JimmyD714]

But at least now we have the 1st female VP who announces her pronouns and what color suit she is wearing.

[DoubleSprig]

it’s nothing we didn’t know yesterday or last week or see coming the past year.5

[Remy]

It’s the weirdest recession in history. Times are pretty dang good to be in a technical recession

[Geetch]

My question is, will land prices fall? I'm in the market.

[Hogg]

My question is, will land prices fall? I'm in the market.

That will depend largely in part on where you are looking. If prices fall in Charleston, it won't be by much.

[wob]

My question is, will land prices fall? I'm in the market.

They should, but I hope you have cash. The lower cost will be offset by the higher interest rates.

edit: At least for a little while. Many folks are predicting rates to start dropping by the end of next year.

[darealdeal]

They should, but I hope you have cash. The lower cost will be offset by the higher interest rates.

edit: At least for a little while. Many folks are predicting rates to start dropping by the end of next year.

I have a feel they will not get high enough to deter new buyers.

[centurian]

My question is, will land prices fall? I'm in the market.

Been looking myself and prices are nearly double the prices in the same area a year ago on land watch. Waited to long i guess.

[DRDUCK]

They should, but I hope you have cash. The lower cost will be offset by the higher interest rates.

edit: At least for a little while. Many folks are predicting rates to start dropping by the end of next year.

Of course they will because it will be the woke election year again for prez and they will rig another one. FJB and the REST OF THE DEMS

[centurian]

Manchin folded as predicted so we will blow another 700 Billion on climate change BS and waste. Don't know if Sinema is still holding out.

[Bownut]

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