Recession

#recession

In economics, a recession is a business cycle contraction. It is a general slowdown in economic activity. Macroeconomic indicators such as GDP, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise. Recessions generally occur when there is a widespread drop in spending. This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

Top Trending News Videos for #recession  (Personalize)

  • Now Playing
    Video Thumbnail
    3h
    • Roubini Sees 25% Drop for S&P 500 in Severe Recession
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • The Key Takeaways From Sifma's Economic Outlook for 2023
    • Bloomberg
  • Now Playing
    Video Thumbnail
    3h
    • Roubini: UK Economy Worse Than Peers Due to Brexit Phenomenon
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • Goldman CEO Solomon on 'Bumpy Times,' Bonuses, Blockchain
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • AllianceBernstein CEO Predicts US Recession in 2023
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • Hubbard: Likely to See Recession
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • Morgan Stanley's Shalett Says 2023 Rests on the Consumer
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • Discover CEO Says Spending on Credit Cards Is Slowing Down
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • Goldman CEO Preparing for 'Bumpy Times Ahead'
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • BofA CEO Moynihan on Consumer Spending, Job Cuts, Recession Call, His Future
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • ECB's Makhlouf Says Half-Point Hike Likely in December
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • Recession can be characterized by ‘a loss of faith’ amid unemployment spike: Economist
    • Yahoo! Finance
  • Now Playing
    Video Thumbnail
    • Possibility of a Soft Landing
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • Fixed Income Market Telling Us Recession Coming: Briscoe
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • 'Treacherous' Q1 Ahead for Stocks: iCapital's Amoroso
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • Liquidity Crisis Calls 'A Little Bit Premature': CreditSights's Cisar
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • Jobs Report Shows No Fed Impact: BlackRock's Rosenberg
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • Fed Will Raise Rates Until Labor Market Cracks: Kroszner
    • Bloomberg
  • Now Playing
    Video Thumbnail
    • US hiring stayed strong in November as employers add 263,000 jobs despite inflation, economy
    • ABC 11
  • Now Playing
    Video Thumbnail
    • 'We've probably seen the worst' of market downturns -CIO
    • Reuters