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     telegraph.co.uk

     • A recession is a significant decline in economic activity that lasts for months or even years. 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 is a recession?

   • A quick and simple definition of a recession (used in the UK and EU) is – negative economic growth for two consecutive quarters. The US uses a more comprehensive definition of a recession which includes the NBER examining a range of data to see whether there is a significant decline in economic activity, measured by duration, depth and diffusion.

   Definition of a Recession - Economics Help

   www.economicshelp.org/blog/459/economics/define-recession/

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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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   What does a recession look like in the US?

   • The US uses a more comprehensive definition of a recession which includes the NBER examining a range of data to see whether there is a significant decline in economic activity, measured by duration, depth and diffusion. The NBER look for – falling GDP, rising unemployment, falling retail sales and lower industrial production.

   Definition of a Recession - Economics Help

   www.economicshelp.org/blog/459/economics/define-recession/

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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

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

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   How does NBER determine if we're in a recession?

   • In the US, the National Bureau of Economic Research (NBER)—a nonprofit, nonpartisan economic research organization—decides if we're in a recession by looking at signs of sustained economic decline across many parts of the economy.

   What is a recession and what does it mean for you? | Fidelity

   www.fidelity.com/learning-center/smart-money/what-is-a-recession

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   How much does a mild recession cost the economy?

   • A mild recession could cost the economy as little as a few hundred thousand jobs or up to 1.8 million jobs if the nation’s gross domestic product, or economic output, declines 1.2%, and the unemployment rate rises from a 50-year low of 3.5% to 5.4%. What is a severe recession?

   What is a recession? A guide to the economic concept and what it means

   www.usatoday.com/story/money/2022/10/11/recession-economy-explained/10154620002/

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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 · A recession is a significant decline in economic activity that lasts for months or even years. Experts declare a recession when a nation’s economy experiences negative...

4. 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...

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6. www.fidelity.com › smart-money › what-is-a-recessionWhat is a recession and what does it mean for you? | Fidelity

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   Mar 28, 2024 · 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.

7. www.economicshelp.org › economics › define-recessionDefinition of a Recession - Economics Help

   www.economicshelp.org › economics › define-recession

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   Aug 11, 2022 · A recession is a period with a significant decline in economic activity characterised by falling GDP, rising unemployment and a decline in real incomes. A quick and simple definition of a recession (used in the UK and EU) is – negative economic growth for two consecutive quarters.

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8. www.fool.com › basics › what-is-a-recessionRecessions: Definition, Causes & More | The Motley Fool

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   May 3, 2024 · A recession is generally defined as a sustained decline in gross domestic product (also known as negative GDP growth) for two or more consecutive quarters....

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

   www.usatoday.com › story › money

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

    www.weforum.org › agenda › 2024

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    Feb 19, 2024 · 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."