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  1. The NBER defines a recession as "a significant decline in economic activity spread across the economy, lasting more than two quarters which is 6 months, normally visible in real gross domestic product (GDP), real income, employment, industrial production, and wholesale-retail sales".

  2. 31 maj 2024 · Recessions are a persistent downturn in economic activity. Here we look at the causes and effects of major U.S. recessions since the Great Depression.

  3. 22 lis 2013 · The 2007-09 economic crisis was deep and protracted enough to become known as "the Great Recession" and was followed by what was, by some measures, a long but unusually slow recovery. Job seekers line up to apply for positions at an American Apparel store April 2, 2009, in New York City.

  4. 13 lis 2024 · Great Recession, economic recession that was precipitated in the United States by the financial crisis of 2007–08 and quickly spread to other countries. Beginning in late 2007 and lasting until mid-2009, it was the longest and deepest economic downturn in many countries, including the United States, since the Great Depression (1929– c. 1939).

  5. 6 sie 2024 · Jittery investors have overplayed the threat of a US recession, economists say, but years of bumper growth are over as the world’s largest economy heads for a slowdown.

  6. 27 kwi 2023 · Six months of economic decline are a long-held informal definition of a recession. Yet nothing is simple in a post-pandemic economy in which growth was negative in the first half of last year but the job market remained robust, with ultra-low unemployment and healthy levels of hiring.

  7. 29 kwi 2020 · A recession is defined as a contraction in economic growth lasting two quarters or more as measured by the gross domestic product (GDP). Starting with an eight-month slump in 1945, the U.S....

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