A recession is an extended period of economic decline. In the US, the National Bureau of Economic Research (NBER) announces a recession's start and end.

Aug 25, 2025 · A recession is a significant and widespread downturn in economic activity that typically lasts for longer than a few months. A common rule of thumb is that two consecutive quarters of …

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 …

Economic slowdowns are part of the cycle, but they never feel routine when jobs, paychecks and savings are on the line. I want to unpack what a recession actually is, why it matters for your ...

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.

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,...

Dec 1, 2025 · During a recession, employment, income, consumer spending, industrial production, and GDP — all key measures of the economy — decline for several consecutive months.