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Jul 21, 2022 · 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...
May 4, 2022 · The United States is now facing the familiar precursors of a recession, including rising interest rates on the back of high inflation. The Federal Reserve is taking action, and its decisions will be critical to the length and severity of any recession.
Aug 9, 2024 · Fears over a looming US recession triggered a sharp drop in global markets this week, but many economists think those fears are overblown.
- Charlotte Seager
Jun 14, 2021 · One year ago, a committee of economists declared that the pandemic had officially caused the United States to fall into a recession. So is it over yet? It might seem a simple question — and...
Sep 26, 2022 · Real personal income grew at an average of 0.62% prior to the average recession, while industrial production grew slightly, by 0.05%. Meanwhile, immediately following the onset of the average recession, all six indicators declined, which ultimately persisted for the entirety of the recession.
Jun 18, 2022 · NPR's Adrian Florido speaks with economist Teresa Ghilarducci about the state of the U.S. economy — record inflation, rising interest rates and how to prepare for a recession.
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Apr 13, 2022 · With inflation at a four-decade high, a growing number of forecasters worry the U.S. economy may be headed to a recession as the Fed gears up to raise interest rates aggressively.