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Bookmark or Share- It's official: The recession began in February - CNNNormally, economists define a recession as consecutive quarters of negative growth. The United States already endured one quarter of a shrinking economy, with GDP dropping by 5% during the first...
- List of recessions in the United States - WikipediaThe recession may be explained partly by ongoing financial difficulties following the war, which discouraged businesses from building up inventories. Several months into the recession, there was a major financial panic. Panic of 1873 and the Long Depression:
- How To Prepare For The Next Great Recession Of 2020The typical recession lasts only about 11 months, at least in the recessions that have taken place since World War II. But what if, like in 2008, we have another recession that’s worse than average...
- Recession: What Is It? - The BalanceA recession is a significant decline in economic activity, lasting more than a few months. There's a drop in the following five economic indicators: real gross domestic product, income, employment, manufacturing, and retail sales.
- Recession DefinitionA recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region. It had been typically recognized as two consecutive quarters of...
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