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     • Experts declare a recession when a nation’s economy experiences negative gross domestic product (GDP), rising levels of unemployment, falling retail sales, and contracting measures of income and manufacturing for an extended period of time.
     www.forbes.com/advisor/investing/what-is-a-recession/

     Recession Definition: What Is A Recession? – Forbes Advisor

2. People also ask

   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

   www.forbes.com/advisor/investing/what-is-a-recession/

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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 a recession?

   • The nation’s GDP already fell by 1.6% in the first quarter of 2022, so if it falls for a second straight quarter, there will be growing calls to declare that the U.S. is a recession — adding to President Joe Biden’s litany of economic woes, which already include 40-year-high inflation and the worst consumer confidence levels in years.

   What exactly is a recession? Sorting out a confusing topic

   www.politifact.com/article/2022/jul/26/what-exactly-recession-sorting-out-confusing/

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   Is Wikipedia a recession?

   • WIKIPEDIA EDITORS cannot agree on the definition of “recession”. Last month the site barred new and unregistered users from editing its page on the subject, after a fierce dispute over the claim that two consecutive quarters of falling GDP indicates a recession.

   What is a recession? - The Economist

   www.economist.com/the-economist-explains/2022/09/02/what-is-a-recession

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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

   When does a recession start?

   • Equities markets often decline before an economic downturn, so investors may assume a recession has begun as investment losses accumulate and corporate earnings decline, even if other measures of recession remain healthy, such as consumer spending and unemployment.

   Recession: Definition, Causes, Examples and FAQs - Investopedia

   www.investopedia.com/terms/r/recession.asp

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

   www.forbes.com › advisor › investing

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   Feb 13, 2024 · Experts declare a recession when a nation’s economy experiences negative gross domestic product (GDP), rising levels of unemployment, falling retail sales, and contracting measures of...

4. 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 · 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.economist.com › 2022/09/02 › what-is-a-recessionWhat is a recession? - The Economist

   www.economist.com › 2022/09/02 › what-is-a-recession

   Sep 2, 2022 · In short, a period of significant decline in economic activity. A recession typically leads to drops in output and investment, falling profits for businesses and rising unemployment.

7. www.politifact.com › article › 2022What exactly is a recession? Sorting out a confusing topic

   www.politifact.com › article › 2022

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   Jul 26, 2022 · What is the official definition of a recession? The two-quarter rule gained a foothold because of its simplicity for the public, news outlets, and politicians, said Ernie Goss, a Creighton ...

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

   www.investopedia.com › terms › r

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   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...

9. www.whitehouse.gov › cea › written-materialsHow Do Economists Determine Whether the Economy Is in a

   www.whitehouse.gov › cea › written-materials

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   Jul 21, 2022 · What is a recession? While some maintain that two consecutive quarters of falling real GDP constitute a recession, that is neither the official definition nor the way economists evaluate the...

10. www.cpacanada.ca › news › canadaAn economist explains: What to know about a recession

    www.cpacanada.ca › news › canada

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    WHAT IS A RECESSION? A recession is defined as two financial quarters of decline in economic activity. However, while many are worried about a possible recession, unemployment is not rising, explains Brassard.