Economists Weigh Recession Scenarios

The National Bureau of Economic Research does not consider a recession as two consecutive quarters of economic decline. Rather, according to the NBER, a recession is a significant decline in economic activity spread across the economy, lasting more than a few months. <strong>(Enlarge to see details on the past four recessions.)</strong>
The National Bureau of Economic Research does not consider a recession as two consecutive quarters of economic decline. Rather, according to the NBER, a recession is a significant decline in economic activity spread across the economy, lasting more than a few months. (Enlarge to see details on the past four recessions.)