In 2008 a recession started as a result of the global financial crisis, and went on for five quarters, or 15 months. Economic growth can mean more jobs are available and companies can pay more to ...
There is no official definition of recession, but there is general recognition that the term refers to a period of decline in economic activity. Very short periods of decline are not considered ...
But, while households are reeling from the pain of inflation and may see the economy as performing poorly, it is not in recession, which is a term that has a specific meaning to economists.
Some people in the United States fear Donald Trump's economic agenda could see the economy fall into recession, with experts giving mixed predictions for the year ahead. Newsweek has contacted ...
Now, with recession fears fading, there's one last pitfall to avoid. The conflicting narratives about the US economy seem to have one thing in common: extremity. There are those who argue that ...