Dec 23 (Reuters) - New Zealand's economy contracted by its biggest amount in eight years, third quarter data showed on Tuesday, reinforcing expectations that its recession will not lift until well ...
Nearly half of the country is now flashing recessionary warning lights, with twenty-three states already meeting a common rule-of-thumb definition of contraction and several others hovering just above ...
Despite a total of 11 rounds of aggressive interest rate hikes since March last year, the US economic indicators still show a solid level. The anticipated recession has not yet arrived. The ...
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What Is a Recession? How To Prepare
The most commonly accepted definition of recession is two consecutive quarters of declining gross domestic product, or GDP. Read Next: 5 Subtly Genius Moves All Wealthy People Make With Their Money ...
The US economy bucked nonstop doom-and-gloom by economists — including some at Wall Street’s biggest banks — and reported stronger-than-expected growth in the second quarter, marked by a surge in ...
"The 2009 third-quarter GDP numbers are proof that the great recession is over and a recovery has begun. Consumer spending, housing, business equipment investment, exports and federal government ...
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