The Globe and Mail reports in its Friday edition that the U.S. economy rebounded quickly from pandemic lows, with revised data showing faster growth in 2021, 2022 and early 2023 than previously reported. A New York Times dispatch to The Globe reports that the updated estimates from the Commerce Department also indicate the economy grew slightly in the second quarter of 2022, rather than contracting as previously believed. As a result, government statistics no longer show the U.S. economy as having experienced two consecutive quarters of declining GDP in early 2022 -- a common definition of a recession, though not the one used in the United States. (The revised data still show that GDP declined in the first quarter of 2022, but more modestly than previously reported.) The official arbiter of recession in the U.S. is the National Bureau of Economic Research. The group defines a recession as "a significant decline in economic activity that is spread across the economy and lasts more than a few months." In 2022, economists were concerned about a potential recession due to the Federal Reserve's actions, but growth continued. Now, slowing job growth and rising unemployment have raised worries about the economy's resilience.