Recession
1 day agoA recession is caused when a chain of events like a line of dominoes picks up momentum and does not stop until the economy shrinks. In general usage the word recession connotes a marked slippage in economic activity. 39pnq5vfaivgwm Recession risk is rising. . While gross domestic product GDP is the broadest measure of economic activity the often-cited identification of a recession with two consecutive quarters of negative GDP growth is not an official designation. A recession is a prolonged and widespread decline in economic activity. The designation of a recession is the province of a committee of. GDP or gross domestic product tells us how much the economy grew or shrank in the previous quarter. Recessions generally occur when there is a widespread drop in spending an adverse demand shock. 1 day agoOn Thursday well get an important report card on the US. 8 hours agoFew people realize that the def