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 …

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 …

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 …

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, 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.

There is no official definition of recession, but there is general recognition that the term refers to a period of decline in economic activity. Very short periods of decline are not considered recessions.

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 11, 2022 · According to the National Bureau of Economic Research (NBER), a recession refers to a significant decline in economic activity, lasting more than a few months, normally visible in real gross …

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 …