According to mid-year reports, the US economy appears to have shifted down and slid into the slow lane. Our next guest says the die was cast when the Commerce Department’s second estimate for first quarter real GDP growth rolled in at only 0.8%, followed the previous three quarterly rates of 1.4%, 2.0%, and 3.6%. Will the slide continue? Is there a recession in the works?
Mike Switzer interviews Bruce Yandle>, Clemson’s Strom Thurmond Institute Senior Fellow, Clemson Alumni Distinguished Professor of Economics Emeritus and Dean Emeritus of Clemson's College of Business & Behavioral Science.