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- slideserve.com
  A recession is a prolonged period of negative economic growth in a country. It's 1 of 4 phases in the endless economic circle of life, spanning from growth to peak to recession to trough (aka the bottom of the recession)—and back again.
  www.fidelity.com/learning-center/smart-money/what-is-a-recession
  What is a recession and what does it mean for you? | Fidelity
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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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Is the economy in a recession?
Some people use an informal measure to say the economy is in a recession: when gross domestic product (GDP), or the economy’s output, declines for two fiscal quarters in a row. But while these things tend to go hand in hand, that’s not an official designation. What is a recession? There is only one official way to call a recession.

What is a recession? How can you know if the economy is in a ... - USAF…

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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

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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

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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

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How do you call a recession?
There is only one official way to call a recession. That’s up to a committee of experts at the National Bureau of Economic Research (NBER), a private, nonprofit research organization.

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

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

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

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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 ...
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...
www.rbcroyalbank.com › en-ca › my-money-mattersWhat Exactly is a Recession And Are We In One?

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Feb 1, 2023 · Recession is one of those terms you hear a lot in tough economic times. Yet what exactly does it mean? The most common definition is two quarters in a row of declining Gross Domestic Product (GDP).
www.economist.com › 2022/09/02 › what-is-a-recessionWhat is a recession? - The Economist

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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.
usafacts.org › articles › what-is-a-recession-whatWhat is a recession? How can you know if the ... - USAFacts

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Jun 13, 2023 · Some people use an informal measure to say the economy is in a recession: when gross domestic product (GDP), or the economy’s output, declines for two fiscal quarters in a row. But while these things tend to go hand in hand, that’s not an official designation.

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