So then it's not a recession solely according to NBER - and this departs from their characterizations for the last 60 years before this last election cycle. "A

So then it's not a recession solely according to NBER - and this departs from their characterizations for the last 60 years before this last election cycle. "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 (GDP) growth mean recession, although more complex formulas are also used." - [investopedia]("https://www.investopedia.com/terms/r/recession.asp#:~:text=What%20Is%20a%20Recession%3F,-Investopedia%20%2F%20Laura%20Porter&text=A%20recession%20is%20a%20significant,complex%20formulas%20are%20also%20used https://www.investopedia.com/terms/r/recession.asp#:~:text=W....")