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in todays video were covering the recession and warning signs of further economic slowdown in todays video were covering four topics the first one is GDP two unemployments three the health of the U.S consumer and four the inverted yield curve so were going to begin with GDP adjusted for inflation GDP grows at an annual rate of 2.9 percent in Q4 of 2022 thats represented by the green bar this is slightly down from 3.2 percents in Q3 of 2022. its down from 6.9 percent in Q4 of 2021. you can see the economic contraction during the Great Recession as well as during the pandemic so during the pandemic it goes even lower it just got cut off the charts I do not believe that this recession will be as severe as those but as you can see were not in the thick of it yet so now even close so I want to point out that in q1 and Q2 of 2022 those smaller red contractions so that was mostly attributable to the trade deficit exports add to GDP Imports subtract during the pandemic we were exporti
