A recession is a term used to signify two consecutive quarters (6 months) of decline in the nations GDP. This recession is expected to last for atleast another 2 quarters. By the 3rd quarter of 2009 things are expected to be back to normal.
Let us hope for the best.
Recessions are more common in U.S. history than depressions. The U.S. has experienced numerous recessions since the Great Depression, which occurred in the 1930s and is considered a severe and prolonged economic downturn. While the National Bureau of Economic Research (NBER) identifies several recessions, only a few, including the Great Depression, have reached the level of a depression. Overall, recessions tend to be more frequent and less severe compared to depressions.
recessions
usually since the Andrew Jackson Era, America has been in recessions every twenty years. The latest was was in 2006. It is a normal part of the state economics.
The primary tool used by the Federal Reserve when it responds to economic boons and recessions is the buying and selling of bonds in open market operations.The buying and selling of bonds in open market operations is the primary tool used by the Federal Reserve when it responds to economic booms and recessions.
contractions.
8
25
Recessions.
low unemployment
The cast of Recessions - 2000 includes: Nikolai Kinski as Man Erin Meyers as Woman
recessions
recessions
There could be far reaching consequences if the US dollar loses its value. Since a lot of the world's economy depends on how well the US dollar is doing, there could be recessions and economic problems across the world.
farmers
associated with the business cycle, like during recessions
The primary tool used by the Federal Reserve when it responds to economic boons and recessions is the buying and selling of bonds in open market operations.The buying and selling of bonds in open market operations is the primary tool used by the Federal Reserve when it responds to economic booms and recessions.
The primary tool used by the Federal Reserve when it responds to economic boons and recessions is the buying and selling of bonds in open market operations.The buying and selling of bonds in open market operations is the primary tool used by the Federal Reserve when it responds to economic booms and recessions.