Two consecutive quarters of negative GDP growth is one common definition of a recession, but other factors must be considered to formally declare a recession.

The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.

When unemployment rises, wages fall, and consumption cools, yet the official announcement claims there is "technically no ...

The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy, lasting more than a few months.” Three criteria – ...

The National Bureau of Economic Research (NBER) defines a recession as a "significant decline in economic activity that is spread across the economy, lasting more than a few months." Three criteria – ...

The word 'recession' is feared by many. It brings up worries about job losses, repossessions, and financial struggle. Most people know that recession broadly means "bad times for the economy", but its ...

The U.S. economy shrank for two consecutive quarters this year, increasing speculation that the country could be headed for a recession. But does two straight quarters of economic decline mean we’re ...

Federal Reserve Board Chairman Jerome Powell said he did not believe the United States was in a recession — but then said the Fed doesn’t make such determinations ...

From January through July 1980, the United States was in a recession. The S&P 500 gained 15.04% over the course of the ...