Is Trump inheriting Biden’s recession?
Don’t look now, but the Atlanta Federal Reserve’s GPDNow estimate for the first quarter of 2025 shows the U.S. economy potentially contracting 1.5 percent annualized. Coupled with initial jobless claims peaking up to 242,000 the past week, a good question to ask is whether President Donald Trump inherited a recession from the outgoing administration of former President Joe Biden?



