i dont know. i think its 3 months of bad profits and sales within business
yo moma !
There is no universally recognized definition of 'recession.' Most (but not all) economists would agree that the current economic situation is at least a recession.
One can find the definition of economic recovery at Wikipedia. Economic recovery is a period of increasing business activity that signals the end of a recession. Therefore economic recovery is when economic growth turns from negative to positive.
regressions and expansionsA sequence of economic activity typically characterized by recession, fiscal recovery, growth, and fiscal decline.
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yo moma !
yo moma !
There is no universally recognized definition of 'recession.' Most (but not all) economists would agree that the current economic situation is at least a recession.
One can find the definition of economic recovery at Wikipedia. Economic recovery is a period of increasing business activity that signals the end of a recession. Therefore economic recovery is when economic growth turns from negative to positive.
regressions and expansionsA sequence of economic activity typically characterized by recession, fiscal recovery, growth, and fiscal decline.
economic recession
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An economic recession is a slowdown in economic activity characterized by less consumer spending and often also by higher unemployment. Generally accepted indicators of a recession are usually a decline of Gross Domestic Product for two consecutive quarters and a sudden increase by 2 percent or more in the unemployment rate. However, since it takes a significant time to compile and verify the economic data, a recession may be well underway or even over when government agencies officially declare it.
recession is the same to economic downturns as they both have exact economic phenomenon with few respects
recession
Economic recesion - implications
recession means;In macroeconomics, a recession is a decline in a country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year. In the United States GDP is officially tracked by the Commerce Department's Bureau of Economic Analysis. An alternative, less accepted definition of recession is a downward trend in the rate of actual GDP growth as promoted by the business-cycle dating committee of the National Bureau of Economic Research.[1] That private organization defines a recession more ambiguously as "a significant decline in economic activity spread across the economy. by moram kalefa