Economic Trends
Filling you in on the current state of the economy.
Featured Article
- What Exactly Is a Recession—and Are We in One?
- The common definition of a recession, and the one most frequently cited in the media, is a period of two consecutive quarterly declines in real GDP. NBER’s actual definition is fairly vague, which explains why many prefer the shorthand definition, but the idea is fairly simple. A recession is any period when economic activity experiences a prolonged and widespread decline. Read more
