How do you define a recession? Let us count the ways


WASHINGTON: Whether the United States, the world's largest economy, will slip into a recession is a growing concern for chief executives, the Federal Reserve, and the administration of President Joe Biden. But defining what a recession is, and predicting when it will happen, is not straight-forward.

Whether the United States, the world's largest economy, will slip into a recession is a growing concern for chief executives, the Federal Reserve, and the administration of President Joe Biden.

But defining what a recession is, and predicting when it will happen, is not straight-forward.

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Economy , explainer , recession , U.S. , Fed , interest rate ,

   

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