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- A recession is an extended period of economic decline. In the US, the National Bureau of Economic Research (NBER) announces a recession's start and end. Recessions are the normal part of the economic life cycle when things aren't going well. It's the opposite of economic expansion.
www.fidelity.com/learning-center/smart-money/what-is-a-recessionWhat is a recession and what does it mean for you? | Fidelity
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Dec 19, 2023 · An economic cycle, also known as a business cycle, refers to economic fluctuations between periods of expansion and contraction. Factors such as gross domestic product (GDP), interest rates,...
Mar 1, 2023 · What constitutes a recession? Two quarters of negative real GDP growth? The NBER Business Cycle Dating Committee has a more nuanced way of determining what a recession is. This essay discusses where recessions come from, how they are determined, and how they end.
Mar 28, 2024 · Key takeaways. A recession is an extended period of economic decline. In the US, the National Bureau of Economic Research (NBER) announces a recession's start and end. Recessions are the normal part of the economic life cycle when things aren't going well. It's the opposite of economic expansion.
May 3, 2022 · Recessions are a normal part of the business cycle. There are periods of economic growth and periods of economic slowdown and it’s all part of the same cycle. The recession in...
- Erika Giovanetti
Apr 16, 2024 · 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...
While recessions are part of a regular economic life cycle, depressions are not. If we consider economic activity to exist on a spectrum, a depression would be on the far end, while a recession might be closer to the middle.
Jun 6, 2024 · The alternating phases of the business cycle are expansions and contractions. Contractions often lead to recessions, but the entire phase isn't always a recession.