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  2. Recession - Wikipedia

    en.wikipedia.org/wiki/Recession

    There is no official definition of a recession, according to the IMF. [3] In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales."

  3. Recessions Explained: Definition, Warning Signs and What ...

    www.aol.com/finance/recessions-explained...

    The recession caused by the coronavirus is an example of a shock to the economic system. Recession vs. Depression There is no true economic marker that differentiates a recession from a depression.

  4. Recessions Explained: Definition, Warning Signs and What ...

    www.aol.com/finance/recessions-explained...

    A recession begins when the economy reaches a peak of economic activity and ends when the economy reaches its trough. Economic Recessions in the U.S. Recessions are a normal part of the business ...

  5. List of recessions in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_recessions_in_the...

    The 1948 recession was a brief economic downturn; forecasters of the time expected much worse, perhaps influenced by the poor economy in their recent lifetimes. [62] The recession also followed a period of monetary tightening. [40] Recession of 1953: July 1953 – May 1954 10 months 3 years 9 months 6.1% (September 1954) −2.6%

  6. Economics terminology that differs from common usage

    en.wikipedia.org/wiki/Economics_terminology_that...

    Economists commonly use the term recession to mean either a period of two successive calendar quarters each having negative growth [clarification needed] of real gross domestic product [1] [2] [3] —that is, of the total amount of goods and services produced within a country—or that provided by the National Bureau of Economic Research (NBER): "...a significant decline in economic activity ...

  7. Recession forecasts have been wrong for years. Here's why a ...

    www.aol.com/finance/recession-forecasts-wrong...

    Recession indicators are flashing red, but economists argue they could be false signals this economic cycle, revealing a broader truth about the recession predicting business itself. Recession ...

  8. Recession shapes - Wikipedia

    en.wikipedia.org/wiki/Recession_shapes

    An example of a V-shaped recession is the Recession of 1953 in the United States. In the early 1950s, the economy in the United States was growing, but because the Federal Reserve expected inflation it raised interest rates, tipping the economy into recession. In 1953, growth began to slow in the third quarter and the economy shrank by 2.4 percent.

  9. Are we in a recession or ‘vibecession’? - AOL

    www.aol.com/finance/recession-vibecession...

    Unlike a feeling of being in a down economy, a recession is a significant decline in economic activity across the economy, lasting more than a few months. It is typically marked by a fall in GDP ...