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Bookmark or Share- Recession Definition - investopedia.comA recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region. It is typically recognized after two consecutive quarters of economic...
- Recession | Definition of Recession at Dictionary.comthe act of receding or withdrawing. a receding part of a wall, building, etc. a withdrawing procession, as at the end of a religious service.
- Recession: Definition, Meaning, Examples, Impact, BenefitsA recession is when the economy declines significantly for at least six months. There's a drop in the following five economic indicators: real gross domestic product, income, employment, manufacturing, and retail sales. People often say a recession is when the GDP growth rate is negative for two consecutive quarters or more.
- Recession | Definition of Recession by Merriam-WebsterA recession is two consecutive quarters of declining gross domestic product (GDP)
- Recession - WikipediaIn economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock).
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