A recession is basically a decline in economic activity, and it is widespread throughout the country. It is common to believe that the US is in a recession when the Gross Domestic Product (GDP) has had 2 quarters of negative growth.
February 20, 2025
Financial Literacy for All
A recession is basically a decline in economic activity, and it is widespread throughout the country. It is common to believe that the US is in a recession when the Gross Domestic Product (GDP) has had 2 quarters of negative growth.