Here's a millennial's guide to surviving an economic recession. investinyou (In partnership with acorns.)
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While the "economic winds" have been at the backs of millennials for nearly a decade, a change in the weather forecast may be coming. GDP is the total value of goods produced and service provided during the year. In the first quarter of 2019, U.S. GDP grew at an annualized rate of 3.2%. A slowdown in economic growth is one thing, but by definition, two-quarters of negative economic activity is a recession which is expected to occur in the second half of 2020.
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