In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. [1][2] Recessions generally occur when there is a widespread drop in …

Aug 25, 2025 · What Is a Recession? A recession is a significant and widespread downturn in economic activity that typically lasts for longer than a few months.

What is a recession? A recession is a prolonged period of negative economic growth in a country. It's 1 of 4 phases in the endless economic circle of life, spanning from growth to peak to recession to …

Apr 7, 2025 · What is the definition of a recession? The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy,...

Feb 19, 2024 · As two advanced economies slip into recession, economists warn of uncertain times ahead. But what is a recession and how can we tell if one is happening?

May 30, 2025 · What is a recession? A recession is generally defined as a sustained decline in gross domestic product (also known as negative GDP growth) for two or more consecutive quarters.

Apr 3, 2025 · In this McKinsey Explainer, we look at what a recession is, their impact on the global economy, and what can be done to mitigate their impact.