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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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   What do we know about recessions?

   • Much about recessions is shrouded in mystery. But there are a few things we know. According to one popular definition, a recession is two consecutive quarters of economic contraction. And, in general, recessions are caused by imbalances in the market, triggered by external or internal factors.

   What is a recession? | McKinsey - McKinsey & Company

   www.mckinsey.com/featured-insights/mckinsey-explainers/what-is-a-recession

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   Is the US in a recession?

   • A December 2008 report from the National Bureau of Economic Research stated that the U.S. had been in a recession since December 2007, when economic activity peaked, based on several measures including job losses, declines in personal income, and declines in real GDP.

   Recession - Wikipedia

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   When does a recession start?

   • Equities markets often decline before an economic downturn, so investors may assume a recession has begun as investment losses accumulate and corporate earnings decline, even if other measures of recession remain healthy, such as consumer spending and unemployment.

   Recession: Definition, Causes, Examples and FAQs - Investopedia

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

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   Is Wikipedia a recession?

   • WIKIPEDIA EDITORS cannot agree on the definition of “recession”. Last month the site barred new and unregistered users from editing its page on the subject, after a fierce dispute over the claim that two consecutive quarters of falling GDP 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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   What causes a recession?

   • The market imbalances that cause recessions can be caused by geopolitics, economic cycles, and many other forces. The financial sector is always involved. Recessions usually start in one geographical area and spread to another. And unfortunately, higher volatility in the business environment has become a new normal.

   What is a recession? | McKinsey - McKinsey & Company

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2. www.forbes.com › advisor › investingRecession Definition: What Is A Recession? – Forbes Advisor

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   Feb 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 gross...

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

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   Apr 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...

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

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   Feb 19, 2024 · As two advanced economies slip into recession, economists warn of uncertain times ahead. But what is a recession and how can we tell if one is happening?

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6. www.mckinsey.com › what-is-a-recessionWhat is a recession? | McKinsey - McKinsey & Company

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   Jul 11, 2024 · According to one popular definition, a recession is two consecutive quarters of economic contraction. And, in general, recessions are caused by imbalances in the market, triggered by external or internal factors.

7. 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 · In short, a period of significant decline in economic activity. A recession typically leads to drops in output and investment, falling profits for businesses and rising...

8. en.wikipedia.org › wiki › RecessionRecession - Wikipedia

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   In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. [1][2] Recessions generally occur when there is a widespread drop in spending (an adverse demand shock).

9. www.britannica.com › money › recessionRecession | Definition & Facts | Britannica Money

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   Sep 27, 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.