MoneyWeek on MSN

What is a recession?

Office for National Statistics (ONS) figures show UK GDP growth has gone into reverse. But what does a recession mean?
The most commonly accepted definition of recession is two consecutive quarters of declining gross domestic product, or GDP. Read Next: 5 Subtly Genius Moves All Wealthy People Make With Their Money ...
Defining a recession can often differ by person, household or status. What causes it? Will one happen soon? Is one happening right now? Dr. Tyler Goodspeed, the chief economist of ExxonMobil and ...
Canada’s economy shrank in the last two quarters, which many say meets the definition of a technical recession. But some economists say that label is misleading, while others argue that the ...
If you spread risk, strengthen your finances, and stick to the plan, you can avoid having to take desperate, damaging measures if your primary income dries up, and may even be able to take advantage ...
The S&P 500's resilience amid near-record low consumer expectations is driven by extreme wealth concentration among the top 10%, who now own 87.5% of U.S. equities. Current GDP growth and consumer ...
OTTAWA — There was one word on the lips of many Canadians economists, politicians and journalists this past week: recession.
Some pros are beginning to declare that a recession is coming soon. Mark Zandi, Moody’s Analytics chief economist, tweeted on Friday that the U.S. economy “has entered a jobs recession” and told ...
Economic slowdowns rarely arrive with a flashing warning sign. More often, they show up in obscure data releases, weaker ...