www.roulettehacker.com grab some cash while you still can… RECESSION A recession is a contraction phase of the business cycle, or “a period of reduced economic activity.”[1][2] The US based National Bureau of Economic Research (NBER) defines a recession more specifically as “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales.”[3] Some business & investment glossaries add to the general definition a rule of thumb that recessions are often indicated by two consecutive quarters of negative growth (or contraction) of gross domestic product. HOW WILL YOU SURVIVE THAT RECESSION? GET AS MUCH MONEY AS POSSIBLE RIGHT NOW GO TO www.roulettehacker.com Attributes of recessions In macroeconomics, a recession is a decline in a country’s gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year. An alternative, less accepted definition of recession is a downward trend in the rate of actual GDP growth as promoted by the business-cycle dating committee of the National Bureau of Economic Research.[1] That private organization defines a recession more ambiguously as “a significant decline in economic activity spread across the economy, lasting more than a few months.” A recession has many attributes that can occur simultaneously and can include …
