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Recession: Definition, Causes, Examples and FAQs - Investopedia
https://www.investopedia.com/terms/r/recession.asp
WEBApr 16, 2024 · 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...
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Recession Definition: What Is A Recession? – Forbes Advisor
https://www.forbes.com/advisor/investing/what-is-a-recession/
WEBFeb 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...
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Recession - Wikipedia
https://en.wikipedia.org/wiki/Recession
WEBIn 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."
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Recession Definition & Meaning - Merriam-Webster
https://www.merriam-webster.com/dictionary/recession
WEBThe meaning of RECESSION is the act or action of receding : withdrawal. How to use recession in a sentence.
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Recession | Definition & Facts | Britannica Money
https://www.britannica.com/money/recession
WEBMar 13, 2024 · recession, in economics, a downward trend in the business cycle characterized by a decline in production and employment, which in turn causes the incomes and spending of households to decline. Even though not all households and businesses experience actual declines in income, their expectations.
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Recession Definition: What Is a Recession? - NerdWallet
https://www.nerdwallet.com/article/finance/what-is-a-recession
WEBJun 10, 2022 · The NBER traditionally defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.”...
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Explainer: What is a recession? - The World Economic Forum
https://www.weforum.org/agenda/2024/02/what-is-a-recession-economy-definition-explainer/
WEBFeb 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 …
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What Causes a Recession? - Investopedia
https://www.investopedia.com/ask/answers/08/cause-of-recession.asp
WEBOct 20, 2023 · The National Bureau of Economic Research (NBER) defines a recession as a significant decline in activity spread across the economy, lasting more than a few months, visible in industrial...
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What is a recession? | McKinsey
https://www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-a-recession
WEBDecember 12, 2022 | Article. (4 pages) One popular definition of recession is two consecutive quarters of economic contraction. Recessions are always caused by imbalances in the market, triggered by external or internal factors.
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Definition of a Recession - Economics Help
https://www.economicshelp.org/blog/459/economics/define-recession/
WEBAug 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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