Aug 25, 2025 · A recession is a significant and widespread downturn in economic activity that typically lasts for longer than a few months. A common rule of thumb is that two consecutive quarters of …

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 …

Mar 12, 2025 · Here's what to know. What is a recession, and who decides if we're in one? A recession is generally defined as a broad-based, persistent decline in economic activity.

Apr 7, 2025 · What is the definition of a recession? The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy,...

Aug 5, 2024 · While it can be defined in a couple of ways, put simply, a recession is a significant and sustained decline in economic activity that persists for months or even years.

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.

May 30, 2025 · What is a recession? A recession is generally defined as a sustained decline in gross domestic product (also known as negative GDP growth) for two or more consecutive quarters.

A recession is defined by two consecutive quarters of negative GDP growth, leading to reduced economic activity, rising unemployment, and declining consumer spending.

Aug 11, 2025 · A recession is a period with a significant decline in economic activity characterised by falling GDP, rising unemployment and a decline in real incomes.

While challenging, a recession can also help correct imbalances and lead to long-term recovery. What is a Recession? A recession is a period where the economy slows down across several key areas. …