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1. • Sahm rule

     • A widely cited indicator of recessions (the “Sahm rule” named after economist Claudia Sahm) maintains that a recession is likely underway when the three-month moving average of the unemployment rate rises by at least half a percentage point (50 basis points) relative to its lowest point in the previous 12 months.
     www.whitehouse.gov/cea/written-materials/2022/07/21/how-do-economists-determine-whether-the-economy-is-in-a-recession/

     How Do Economists Determine Whether the Economy Is in a

2. People also ask

   Is a period of economic decline a recession?

   • The National Bureau of Economic Research (NBER) has the final say on whether a period of economic decline is a recession, a determination that can lag for months. NBER economists consult a wide range of indicators that suggest this year’s economy stands on sturdier ground than in recent recessions.

   Today’s economic data compared with recessions over the past 50 years

   www.washingtonpost.com/business/interactive/2022/are-we-in-recession-data/

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   What exactly is a recession?

   • The National Bureau of Economic Research (NBER) Business Cycle Dating Committee —the official recession scorekeeper—defines a recession as “a significant decline in economic activity that is spread across the economy and that lasts more than a few months.”

   How Do Economists Determine Whether the Economy Is in a Recession?

   www.whitehouse.gov/cea/written-materials/2022/07/21/how-do-economists-determine-whether-the-economy-is-in-a-recession/

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   Are We heading for a recession?

   • Yet many economists believe we are heading for some type of economic recession. It just might not look like the recessions we've previously experienced in the U.S. "I think the characteristics of this recession are likely to be different than prior ones," said Gregory Daco, the chief economist at Ernst and Young's EY-Parthenon consulting group.

   Are we in a recession? Is one coming? Here's what economists say

   www.nbcnews.com/business/economy/are-we-in-a-recession-2023-economy-federal-reserve-interest-rates-rcna67826

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   How does a recession affect the economy?

   • Besides a prolonged decline in gross domestic product (GDP), one of the most obvious measures of a recession is the unemployment rate. When this begins to rise, it can trigger a domino effect of economic consequences as demand for goods and services slows down.

   Explainer: What is a recession? - The World Economic Forum

   www.weforum.org/agenda/2024/02/what-is-a-recession-economy-definition-explainer/

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   Is the US economy in a recession?

   • Last week’s report on economic output recharged speculation about whether the U.S. economy is in a recession. Gross domestic product shrank for the second quarter in a row, a common, but unofficial, definition of a recession. But GDP isn’t the only measure that matters, especially in the tangled mess of the pandemic economy.

   Today’s economic data compared with recessions over the past 50 years

   www.washingtonpost.com/business/interactive/2022/are-we-in-recession-data/

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   Is a recession a real thing?

   • Leading chief economists give their views 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.

   Explainer: What is a recession? - The World Economic Forum

   www.weforum.org/agenda/2024/02/what-is-a-recession-economy-definition-explainer/

   See all results for this question

3. www.weforum.org › stories › 2022Are economic headwinds blowing in the direction of a global ...

   www.weforum.org › stories › 2022

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   Oct 29, 2022 · The Forum's Chief Economists Outlook for September 2022 surveyed economic leaders from around the world to collect insights on their reading of the global economic situation. The outlook is grim, with 73% of respondents believing that a global recession is either somewhat likely or extremely likely.

4. Videos

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     investopedia.com

     Explaining the World Through Macroeconomic Analysis

     Dec 31, 2008

   • 

     5:05

     youtube.com

     What causes an economic recession? - Richard Coffin

     Oct 15, 2019

     2.1M Views

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     weforum.org

     What next for the global economy? 3 experts have their say

     Sep 29, 2022

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5. theconversation.com › whats-a-recession-and-howWhat’s a recession – and how can we tell if we’re in one?

   theconversation.com › whats-a-recession-and-how

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   Sep 4, 2024 · Published: September 4, 2024 2:54am EDT. Changes in the level of goods and services produced can tell us about the health of an economy. Employment data can help alert us to recession risks....

6. www.weforum.org › agenda › 2024Explainer: What is a recession? - The World Economic Forum

   www.weforum.org › agenda › 2024

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   Feb 19, 2024 · While the risk of a global recession is lower in the year ahead, two G7 economies dipped into recession at the end of 2023. And the future picture continues to be clouded by uncertainty, according to the experts polled in the World Economic Forum's latest Chief Economists Outlook.

7. www.washingtonpost.com › are-we-in-recession-dataToday’s economic data compared with recessions over the past ...

   www.washingtonpost.com › are-we-in-recession-data

   • Cached

   Aug 3, 2022 · The National Bureau of Economic Research (NBER) has the final say on whether a period of economic decline is a recession, a determination that can lag for months. NBER economists consult a...

8. www.nbcnews.com › business › economyAre we in a recession? Is one coming? Here's what economists say.

   www.nbcnews.com › business › economy

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   Jan 31, 2023 · By Rob Wile. Here's the good news about the U.S. economy right now: Despite a wave of high-profile layoff announcements, most workers are still employed. Last week, the Bureau of Labor Statistics...

9. news.stanford.edu › stories › 2022Why recessions are misunderstood | Stanford Report

   news.stanford.edu › stories › 2022

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   Dec 7, 2022 · While recessions are painful, they are only temporary interruptions to the economy, says John Cochrane, an economist at Stanford’s Hoover Institution, arguing that people should be paying more attention to long-term economic growth, which in the U.S. is currently stagnating.