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1. • • It defines a recession as "a recurring period of decline in total output, income, employment, and trade, usually lasting from six months to a year, and marked by widespread contractions in many sectors of the economy."
     www.thestreet.com/dictionary/recession

     What Is a Recession? Definition, Causes & Warning Signs

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   What constitutes a recession?

   • NBER has its own definition of what constitutes a recession, namely “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.”

   Recession Definition: What Is A Recession? – Forbes Advisor

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   What is a recession & why is it important?

   • But economists tend to believe this oversimplifies matters. A recession is a significant decline in economic activity that is spread across the economy and lasts for an extended period. It may include drops in GDP, income, employment, manufacturing, and retail sales.

   What is a recession, and how does it affect the economy?

   www.invesco.com/us/en/insights/what-is-a-recession.html

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   What causes a recession?

   • The market imbalances that cause recessions can be caused by geopolitics, economic cycles, and many other forces. The financial sector is always involved. Recessions usually start in one geographical area and spread to another. And unfortunately, higher volatility in the business environment has become a new normal.

   What is a recession? | McKinsey - McKinsey & Company

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   What is the difference between a recession and a depression?

   • A recession tends to be short, typically lasting from a few months to a year. A depression is a much longer and more severe economic downturn with enduring effects on the economy. The Great Depression of the 1930s, for example, lasted about a decade and led to widespread unemployment, severe deflation, and a big fall in economic activity.

   What is a recession, and how does it affect the economy?

   www.invesco.com/us/en/insights/what-is-a-recession.html

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   When does a recession start & end?

   • The institution defines the event as “ a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in production, employment, real income, and other indicators. "A recession begins when the economy reaches a peak of activity and ends when the economy reaches its trough."

   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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   How does a recession affect the economy?

   • In recent years, recessions have become less frequent and shorter in duration. Declines in economic output and employment that recessions cause can become self-perpetuating. For example, declining consumer demand can prompt companies to lay off staff, which affects consumer spending power, and can further weaken consumer demand.

   Recession: Definition, Causes, Examples and FAQs - Investopedia

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3. www.investopedia.com › terms › rRecession: Definition, Causes, Examples and FAQs - Investopedia

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   Apr 16, 2024 · A recession is a significant, widespread, and prolonged downturn in economic activity. A common rule of thumb is that two consecutive quarters of negative gross domestic product...

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

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   Feb 19, 2024 · Signs of a recession. 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.

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6. www.mckinsey.com › what-is-a-recessionWhat is a recession? | McKinsey - McKinsey & Company

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   Jul 11, 2024 · According to one popular definition, a recession is two consecutive quarters of economic contraction. And, in general, recessions are caused by imbalances in the market, triggered by external or internal factors.

7. www.forbes.com › advisor › investingRecession Definition: What Is A Recession? – Forbes Advisor

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   Feb 13, 2024 · NBER has its own definition of what constitutes a recession, namely “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in...

8. www.invesco.com › what-is-a-recessionWhat is a recession, and how does it affect the economy?

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   Sep 26, 2024 · A recession is a significant decline in economic activity that is spread across the economy and lasts for an extended period. It may include drops in GDP, income, employment, manufacturing, and retail sales.

9. www.usatoday.com › story › moneyWhat is a recession? The economic concept explained. What ...

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   Oct 11, 2022 · A recession is "a contraction in economic activity," according to experts. During a recession, there is a range of decline spread across the economy.

10. www.moneygeek.com › economics › recessionThe Definition of Economic Recession - MoneyGeek

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    3 days ago · The Economic Business Cycle. An economic recession is a normal part of a business cycle, a term used to describe an economy's natural expansion and recession over time. An expansion is a sustained period of rising real GDP, while a recession is a sustained period of declining real GDP. Business cycles have four phases: expansion, peak ...