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Recession Featured News
US casino revenue up nearly 5 percent in 2012
US suicide rate rose sharply among middle-aged
Britain avoids recession with faster than expected growth
IMF trims global growth forecast, sees bumpy recovery
Where US economy has, and hasn't, yet recovered
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Recession Definition: What Is A Recession? – Forbes Advisor
A recession is a significant decline in economic activity that lasts for months or even years. Experts declare a recession when a nation’s economy experiences negative gross domestic product...
Explainer: What is a recession? - The World Economic Forum
There is no official, globally recognized definition of a recession. In 1974, US economist Julius Shiskin described a recession as “two consecutive quarters of declining growth”, and many countries still adhere to that. However, the US has since opted to use a more open definition.
Recession: Definition, Causes, Examples and FAQs - Investopedia
A recession is a significant, pervasive, and persistent decline in economic activity. Economists measure a recession's length from the prior expansion's peak to the downturn's trough....
What is a recession? | McKinsey
December 12, 2022 | Article. (4 pages) One popular definition of recession is two consecutive quarters of economic contraction. Recessions are always caused by imbalances in the market, triggered by external or internal factors.
Recession - Wikipedia
In economics, a recession is a business cycle contraction that occurs when there is a general decline in economic activity. [1] [2] Recessions generally occur when there is a widespread drop in spending (an adverse demand shock ).
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