Learn how recessions are defined and the current risk of the US economy entering one. 

If your GDP growth slows to a mere 1%, history tells us to watch out—negative growth is on the way. How likely is the US to face a recession this year, and how can we tell if that’s happening? 

Join Steve Odland and guest Yelena Shulyatyeva, Senior US Economist at The Conference Board Economy, Strategy & Finance Center, to find out the "official" definition of a recession, why inflation and growth patterns could diverge, and why uncertainty remains a key risk. 

(01:21) Indicators of a Recession
(02:46) Official vs. Unofficial Views on Recession
(04:44) Current Economic Situation
(06:02) Impact of Layoffs and Employment
(15:36) Stagflation Concerns

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