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A recession is a period of decline in economic activity, often lasting more than a year and affecting output, employment, income, and trade. Learn about the sources, patterns, and impacts of recessions, and how the IMF helps countries cope with them.
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).
16 kwi 2024 · A recession is a significant, pervasive, and persistent decline in economic activity. Economists measure a recession's length from the prior expansion's peak to the downturn's...
2 wrz 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 unemployment.
19 lut 2024 · "A recession begins when the economy reaches a peak of activity and ends when the economy reaches its trough." Like national recessions, a consensus on the definition of a global recession has yet to be reached.
27 wrz 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.
11 lip 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.