Is The Global Economy In A Recession?

A few major economies of the world are in recessions currently, but the global economy as a whole is not—thanks mostly to the strong US economy holding it aloft. China is in a recession for reasons we’ve covered often in the past. Today, Melissa summarizes the major challenges facing the UK, Germany, and Japan. Notably, the UK and Japan have sunk into technical recessions with two consecutive quarters of real GDP contraction, while Germany has logged one quarter of contraction after one of no change. Aging populations present structural hurdles for all of these struggling economies.