The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy, lasting more than a few months.” Three criteria – ...
The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.
The Daily Overview on MSN
Analyst says a secret 3-year recession just ended, did economists miss it?
The United States may have just emerged from a long, quiet downturn that never showed up in the official record. A prominent ...
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