Recession? White House sees ‘momentum’ that will keep U.S. out of one.

Recent economic data indicates the U.S. isn’t in a recession, a top White House economist said Tuesday, as he cited what he called momentum to keep the country out of one.

Jared Bernstein, the chair of the Council of Economic Advisers, told a Washington Post event that indicators like employment and retail sales “are certainly not flashing anything close to recession.”