Why Companies are Using the Word 'Recession' Less: An Economic Analysis.

Executives at S&P 500 companies are mentioning "recession" less on earnings calls for the third straight quarter, and economic data supports the notion that a recession is not imminent. The US economy grew 1.1% in Q1, and the Atlanta Fed predicts 2.9% growth in Q2. The labor market remains robust, and inflation grew at its slowest pace in two years in the most recent month. While there are still signs of a slowing economy, such as Target's consumer discretionary spending and guidance cuts from Home Depot and Lowe's, the larger numbers do not indicate a recession. However, some analysts still predict a mild recession to begin in Q3.