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In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product.
A recession often means a slowdown in economic activity, which translates into job losses, pay cuts or underperforming ...
Fortunately, in the past couple of months, as President Trump has gone back and forth on tariffs, major banks have brought down their odds of a recession. Though, if we learned anything in 2023, it’s ...
Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...
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If you’re confused about whether the U.S. economy in a recession, near a recession or doing OK, you’re not alone. Turns out the answer may depend on where you live, according to Moody’s Analytics ...
An analysis from Moody's Analytics shows 21 states and the District of Columbia are currently in a recession. Sixteen states, such as Texas, Florida and Pennsylvania, are experiencing economic growth.
Could the U.S. already be in a recession? And if it’s not, what would need to happen for it to reach that stage? Those are questions likely being asked right now, especially with the news that the U.S ...
While a number of economic indicators show U.S. recession risks remain elevated, some states are more equipped than others to handle a potential downturn, based on their economic strength, diversity ...