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 …

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,...

In a recession, the economy shrinks, which can lead to lower levels of employment, worsening corporate performance, deteriorating stock market results, and higher borrowing costs for both consumers and …

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 3, 2025 · Much about recessions is shrouded in mystery. But there are a few things we know. According to one popular definition, a recession is two consecutive quarters of economic contraction. …

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