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Bookmark or Share- Recession - definition of recession by The Free DictionaryRecently in this journal, Eisenbeis and Kautman (Atlantic Economic Journal, 2016) referred to the double-dip recession that began in 1980 and ended in the fourth quarter of 1982 While it is rather common to consider the macroeconomic experience of the United States during the early 1980s as a double-dip recession, that is not the characterization offered by the National Bureau of Economic ...
- Recession | Definition of Recession by Merriam-WebsterHow It Works. Let's assume that there has been a significant decline in industrial production, employment, and wholesale or retail trade. These things may cause GDP to decline for a three-month period (a quarter). If the situation continues in the next quarter, most economists will declare that the economy is in a recession.. The effects of a recession are far-reaching.
- Recession - InvestopediaA recession is a significant decline in economic activity that goes on for more than a few months. It is visible in industrial production, employment, real income and wholesale-retail trade.
- Recession | Define Recession at Dictionary.comContemporary Examples. of recession. The follow-up story is how those who survived both the competitive onslaught, as well as the recession, have adapted.
- Recession - WikipediaIn economics, a recession is a business cycle contraction when there is a general slowdown in economic activity. Macroeconomic indicators such as GDP (gross domestic product), investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise. In the United Kingdom, it is defined as a negative economic growth for ...
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