What exactly is a ‘recession’?

December 2024 Forums General discussion What exactly is a ‘recession’?

  • This topic has 0 replies, 1 voice, and was last updated 1 year ago by Lew.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #249322
    Lew
    Participant

    UK Office for National Statistics:

    “In times when the economy appears to be slowing, commentators will inevitably debate whether or not it is moving into ‘recession’. There is, however, no official definition of a recession and the one most commonly used has the potential to be misleading.”

    Uncertainty and the ‘r’ word: What exactly is a ‘recession’?

Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.