Explainer: What is a recession? - The World Economic Forum
https://www.weforum.org/agenda/2024/02/what-is-a-recession-economy-definition-explainer/
WebFeb 19, 2024 · The institution defines the event as “ a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in production, employment, real income, and other indicators. "A recession begins when the economy reaches a peak of activity and ends when the economy reaches its trough."
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