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Will The U.S. Hit A Recession? Moody's Warns Of ‘Real Threat' Amid Iran War
A recession is two consecutive quarters of negative growth in gross domestic product, a measurement of all goods and services produced in a country. The National Bureau of Economic Research, the most commonly cited determiner of recessions, more broadly defines one as a “significant decline in economic activity that is spread across the economy and lasts more than a few months.
A recession is two consecutive quarters of negative growth in gross domestic product, a measurement of all goods and services produced in a country. The National Bureau of Economic Research, the most commonly cited determiner of recessions, more broadly defines one as a “significant decline in economic activity that is spread across the economy and lasts more than a few months.