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The National Bureau of Economic Research, the official arbiter of when recessions begin and end, defines a recession as a significant decline in economic activity.
Recessions clean out the dead wood, allowing zombie companies to survive and creating asset bubbles can cause a Great Recession instead of little ones.
“It is a mega-recession. It is a recession to end all recessions, in terms of its scale,” Johnson told BBC Radio 4’s World at One.
All you need to know about economic recessions and their indicators.
What Causes Recessions? There is more than one way for a recession to get started, from a sudden economic shock to fallout from uncontrolled inflation. These phenomena are some of the main drivers ...
Recession fears are rising as the Fed raises interest rates and the U.S. economy contracts in two consecutive quarters. Here's what to know.
Recessions leave scars on the labor market. Over 200 million people across the globe are estimated to be unemployed at present resulting from the Great Recession of 2007–09. We assess the human cost ...
Here's a new perspective on recessions: They're opportunities. Let's look at some ideas on how you can prepare for a recession and be ready to capitalize on those opportunities.
Is a recession coming? Top recession indicators like the Sahm Rule indicate a U.S. recession in 2024, so here’s how to prepare financially for an economic downturn.
In an uncertain financial moment, millionaire and money coach Bernadette Joy shares her best advice for managing your money and stress right now.
That makes sense—during rate hike cycles, companies have strong demand and revenue growth recessions. Whereas, during recessions, unemployment and spending usually contract.