Recession Definition

Recession: The Economic Storm on the Horizon

What You Need to Know

As the global economy faces growing uncertainty, the threat of a recession looms large. A recession is a significant decline in economic activity that can have far-reaching consequences for individuals, businesses, and governments alike.

Understanding the Signs

Recessions are characterized by several key indicators, including:

• Falling employment rates
• Declining business investment
• Slowing economic growth
• Falling consumer spending