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What Is a Recession?https://www.investopedia.com/terms/recession.asp
A recession is a significant, widespread, and prolonged downturn in economic activity. Because recessions often last six months or more, one popular rule of thumb is that two consecutive quarters of decline in a country's Gross Domestic Product (GDP) constitute a recession.
Economists including those at the National Bureau of Economic Research (NBER), which dates U.S. business cycles, define a recession as an economic contraction starting at the peak of the expansion that preceded it and ending at the low point of the ensuing downturn.1
Recessions typically produce declines in economic output, consumer demand, and employment. The NBER considers indicators including nonfarm payrolls, industrial production, and retail sales, among others, in designating the start and end of U.S. recessions, usually months after the peak and trough of the business cycle.2
What is a Recessionhttps://web.archive.org/web/20190327173052/https://www.investopedia.com/terms/recession.asp
A recession is a significant decline in economic activity that goes on for more than a few months. It is visible in industrial production, employment, real income and wholesale-retail trade. The technical defintion of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP), although the National Bureau of Economic Research (NBER) does not necessarily need to see this occur to call a recession.
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 | 📰 Order Flow in Forex Trading: Definition and Importance submitted by WikiBitPH to u/WikiBitPH [link] [comments] 🔎 Read the full article here: https://www.wikifx.com/en/newsdetail/202211072014513442.html?source=fja3 ✔️ Download the WikiFX App to get updated and more information. https://wikifx1.onelink.me/QUVu/fja3 #wikifx #wikifxph #forex #forexnews #forexupdate #forexph #forextrading #philippinesgram #pinoy #davao #adventurephilippines https://preview.redd.it/bej50vvgviy91.png?width=1200&format=png&auto=webp&s=f431827629161aff21cb4d0f94e5cf9259aa3231 |
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