51. A recession is by definition two consecutive quarters during which the value of economic output declines, but it falls to the bureau to make the official call. 52. A recession is two consecutive quarters of economic contraction. 53. A recession is two consecutive quarters of economic decline, right? 54. A recession is when your neighbor loses his job, the saying goes, and a depression is when you lose yours. 55. A. A recession is the only thing that will cause the market to reassess this situation. 56. After all, there was a recession on. 57. All in all, it is a mixed bag of economic news, and that has kept many Americans from believing that a recession was possible. 58. Business inventories, for example, are part of the GDP and can indicate whether a recession is on the way. 59. But a recession is downright painful. 60. But even if the recession is almost over, there are few prospects for a surge in any sector. |