Recessions come with costs. Business profits fall, as do stock prices, which can then amplify the impact as investors reduce their own consumption.
A recession is a substantial decline in overall economic activity, lasting more than a few months, typically visible in real gross domestic product, actual income, employment, industrial production, and wholesale-retail sales.
Recessions come with costs. Business profits fall, as do stock prices, which can then amplify the impact as investors reduce their own consumption.
A recession is a substantial decline in overall economic activity, lasting more than a few months, typically visible in real gross domestic product, actual income, employment, industrial production, and wholesale-retail sales.
