"Popularly, we are in a recession because most people think that a recession involves two consecutive quarters of negative economic growth. And we've got that," Desmond Lachman, an economist at the American Enterprise Institute

Consumer sentiment "now is close to record low levels. They're struggling with high inflation. The wages are getting eroded. They've lost a lot of money on the stock exchange. So, consumers don't feel good about the economy," Lachman added.

https://www.voanews.com/a/biden-administration-rejects-recession-label-for-economy-/6677730.html