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Biden says ‘not concerned’ about US recession

Biden's UN speech to contain 'firm rebuke' of Russian war on Ukraine: US official
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President Joe Biden said Thursday he does not think the US economy will enter a recession, despite the release of government data showing GDP shrunk in the first quarter of 2022.

“I’m not concerned about a recession,” Biden told reporters, pointing to jumps in consumer and business spending as well as low unemployment as bolstering his case that the economy is in good shape.


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Agence France-Presse (AFP) is a French state-owned international news agency based in Paris. It is the world's oldest news agency, having been founded in 1835 as Havas.

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