How do we know when a recession has begun?(apnews.com)

4 pointsby DantesKite4 lata temu1 comments

How do we know when a recession has begun?

https://apnews.com/article/inflation-covid-health-gross-domestic-product-economy-89cbfc145ad34a91679ffa43e617c896

1 comments

> The definition of recession that is most widely accepted is the one determined by the blandly named National Bureau of Economic Research, a nonprofit group of economists whose Business Cycle Dating Committee defines a recession as “a significant decline in economic activity that is spread across the economy and lasts more than a few months.”

We are about a few months in now.