Aug 25, 2025 · What Is a Recession? A recession is a significant and widespread downturn in economic activity that typically lasts for longer than a few months.

In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. [1][2] Recessions generally occur when there is a widespread drop in …

Feb 19, 2024 · "A recession begins when the economy reaches a peak of activity and ends when the economy reaches its trough." Like national recessions, a consensus on the definition of a global …

Feb 13, 2024 · Recessions are considered an unavoidable part of the business cycle—or the regular cadence of expansion and contraction that occurs in a nation’s economy. During a recession, the …

Dec 11, 2023 · What Is a Recession? An economic recession is a period of declining economic activity that lasts for months or even years. The National Bureau of Economic Research tracks periods of …

Apr 7, 2025 · What is the definition of a recession? The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy,...

Aug 5, 2024 · While it can be defined in a couple of ways, put simply, a recession is a significant and sustained decline in economic activity that persists for months or even years.

RECESSION definition: 1. a period when the economy of a country is not successful and conditions for business are bad…. Learn more.

recession, in economics, a downward trend in the business cycle characterized by a decline in production and employment, which in turn causes the incomes and spending of households to decline.

Sep 30, 2024 · NBER defines recession as a "significant decline in economic activity that is spread across the economy and that lasts more than a few months," but it does not have a set numerical …