Recession: Difference between revisions
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imported>Doug Williamson (Add second definition. Source: The Balance webpage https://www.thebalance.com/what-is-a-recession-3306019) |
imported>Doug Williamson (Add link.) |
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* [[Double dip]] | * [[Double dip]] | ||
* [[Great Depression]] | * [[Great Depression]] | ||
* [[Great Recession]] | |||
* [[Gross domestic product]] | * [[Gross domestic product]] | ||
* [[Inflation]] | * [[Inflation]] | ||
Revision as of 12:43, 25 March 2020
1.
Any extended time period during which gross domestic product (GDP) decreases from one measurement period to the next.
2.
A period of two successive quarters, or more, in which GDP decreases from the previous quarter.
