Kathryn Anne Edwards

Like we have been in a tenuous economic position for more than two years.

We've had very high inflation.

We've had interest rates gutting people's ability to purchase things.

And now we've been met with tumultuous administration economic policy.

So we are in this like in the new car looking for the car that looks like ours, which is maybe the economy being weaker than we thought it was.

That that's happening to a certain degree because this happens every downturn.

There are big revisions to the numbers.

The growth wasn't as high as we thought.

We just don't normally get held in kind of this.

Are we in a recession purgatory for three years?

It's a very unique time in American economic history for that reason.

I mean, normally it's like recession in recession out and we know where we are.

I think that's part of it.

But yes, you should believe the monthly numbers because even when a revision comes in, it never like dramatically changes the direction.

It's not as if we replace every month of last year with a whole new number that was unrelated to the one that came before.

They get revised in degrees.

And not it was actually we thought we added all these jobs and they were revised downward and we actually lost all these jobs.

I mean, for the most part, it was a weak year of job growth.

weaker in the fall than in the spring.

And that's exactly what the revision showed, too.