The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy, lasting more than a few months.” Three criteria – ...
Economic data still shows growth, low unemployment, and resilient spending, yet conversations at kitchen tables and in group ...
The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.
Most economists expect the U.S. economy to avoid a recession and grow moderately in 2026, though inflation could remain above ...
The United States may have just emerged from a long, quiet downturn that never showed up in the official record. A prominent ...