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7. Technically or realistically? Realistically we're in economic freefall

Fri Mar 27, 2020, 11:11 AM

Mar 2020

Technically it's not a recession until there's been two consecutive quarters of economic contraction.

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9 replies

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Are we officially IN a recession yet? Or it still "looming/coming/on the horizon?" [View all] Shell_Seas Mar 2020 OP

We may unofficially be in a recession, but technically NewJeffCT Mar 2020 #1

Thank you for your thorough explanation. Shell_Seas Mar 2020 #4

I think it takes a quarter or two 'officially' be a recession htuttle Mar 2020 #2

as a practical matter, we're clearly having severe negative growth unblock Mar 2020 #3

Interesting. Thanks. Shell_Seas Mar 2020 #5

Two straight quarters of negative growth is the definition. tinrobot Mar 2020 #6

Probably. Igel Mar 2020 #8

Weeeee Shell_Seas Mar 2020 #9