In practice, a recession is generally defined as at least two consecutive quarters of a decrease in gross domestic product.
Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.
We project that in the next six weeks, the probability of a U.S. recession getting started in the next twelve months will be ...
Chipotle's recent earnings report signals a potential slowdown in consumer spending, particularly among younger demographics ...
Mark Zandi, chief economist at Moody’s Analytics, recently warned that the economy is on the brink of entering a recession, as reported by Newsweek. GOBankingRates spoke with financial experts who ...
Mark Zandi has been sounding the alarm for a potential recession all year. He says he's watching two states in particular for ...
First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans ...
Are cardboard boxes an indicator of recession? Image by Tim Sandle Are cardboard boxes an indicator of recession? Image by Tim Sandle Many economists and politicians levy theories about potential ...
The pace of growth in the Medicaid budget is significant and driving a significant portion of the structural deficit” facing the state, budget director Mark Ferrandino said.