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I keep hearing the word "recession," but no one has exactly defined what that is, or if we're "in a recession" yet. Are there values that define when you can sa
by dcurtis 19y ago
I keep hearing the word "recession," but no one has exactly defined what that is, or if we're "in a recession" yet. Are there values that define when you can say we're in a recession?
- Dauntless 19y agoA recession is a decline in a country's gross domestic product (GDP), or negative real economic growth.
- bayareaguy 19y agoA decline in GDP for two or more consecutive quarters.