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   What is a recession in economics?

   • A recession is a significant, widespread, and prolonged downturn in economic activity. Recessions are commonly characterized by two consecutive quarters of negative gross domestic product (GDP) growth, though there are more complex ways to assess and classify downturns. The unemployment rate is a key recession indicator.

   Recession: Definition, Causes, Examples and FAQs - Investopedia

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

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   How does a recession affect economic growth?

   • A recession typically leads to drops in output and investment, falling profits for businesses and rising unemployment. The global financial crisis of 2007-09 shaved almost 4% off economic growth worldwide. In some countries, including Britain, France and Germany, the convention is that two quarters of negative GDP growth indicates a recession.

   What is a recession? - The Economist

   www.economist.com/the-economist-explains/2022/09/02/what-is-a-recession

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   Does negative GDP growth indicate a recession?

   • In some countries, including Britain, France and Germany, the convention is that two quarters of negative GDP growth indicates a recession. But many economists believe this definition is too narrow. Japan’s cabinet office uses multiple indicators, including factory output, retail sales and employment.

   What is a recession? - The Economist

   www.economist.com/the-economist-explains/2022/09/02/what-is-a-recession

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   What do you need to know about a recession?

   • Here's everything you need to know. What is a recession? A recession is when the economy contracts rather than grows. Officially, a recession is triggered when a country's gross domestic product (GDP) declines for two consecutive quarters (six months).

   What is a recession? - MoneyWeek

   moneyweek.com/economy/uk-economy/605507/what-is-a-recession

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   Does a recession shave off economic growth?

   • The global financial crisis of 2007-09 shaved almost 4% off economic growth worldwide. In some countries, including Britain, France and Germany, the convention is that two quarters of negative GDP growth indicates a recession. But many economists believe this definition is too narrow.

   What is a recession? - The Economist

   www.economist.com/the-economist-explains/2022/09/02/what-is-a-recession

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   Is the economy slipping into a recession?

   • Warning bells have been sounding for months over the risk of the economy slipping into recession. The rule of thumb is that when the economy shrinks for six months in a row, it's in a recession. But what happens during a recession, and how is it likely to affect you? Here's everything you need to know. What is a recession?

   What is a recession, what causes it and what happens during ... - Sky Ne…

   news.sky.com/story/what-is-a-recession-what-causes-it-and-what-happens-during-an-economic-downturn-12784436

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2. www.bbc.co.uk › news › business-52986863What is a recession and how could one affect me? - BBC News

   www.bbc.co.uk › news › business-52986863

   May 10, 2024 · The UK is in recession if GDP falls for two successive three-month periods - known as quarters. The economy shrank 0.1% between July and September last year and then by a further 0.3%...

3. www.investopedia.com › terms › rRecession: Definition, Causes, Examples and FAQs - Investopedia

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   Apr 16, 2024 · A common rule of thumb is that two consecutive quarters of negative gross domestic product (GDP) growth indicate a recession. However, more complex formulas are also used to determine...

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

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   Feb 19, 2024 · Besides a prolonged decline in gross domestic product (GDP), one of the most obvious measures of a recession is the unemployment rate. When this begins to rise, it can trigger a domino effect of economic consequences as demand for goods and services slows down.

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6. news.sky.com › story › what-is-a-recession-whatWhat is a recession, what causes it and what happens during ...

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   Feb 15, 2024 · The most commonly used definition of a recession is at least two consecutive quarters of economic contraction - or "negative growth" - in gross domestic product (GDP).

7. www.investopedia.com › 08 › cause-of-recessionWhat Causes a Recession? - Investopedia

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   Oct 20, 2023 · GDP declines and unemployment rates rise because companies lay off workers to reduce costs. At the microeconomic level, firms experience declining margins during a recession. When revenue—whether...

8. www.economist.com › 2022/09/02 › what-is-a-recessionWhat is a recession? - The Economist

   www.economist.com › 2022/09/02 › what-is-a-recession

   Sep 2, 2022 · The global financial crisis of 2007-09 shaved almost 4% off economic growth worldwide. In some countries, including Britain, France and Germany, the convention is that two quarters of...

9. moneyweek.com › 605507 › what-is-a-recessionWhat is a recession? - MoneyWeek

   moneyweek.com › 605507 › what-is-a-recession

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   Mar 1, 2024 · A recession is when the economy contracts rather than grows. Officially, a recession is triggered when a country's gross domestic product (GDP) declines for two...