Recession

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Updated: Aug 20, 2021

A downturn in the business cycle characterized by two successive quarters of negative ra tes of growth in the real gross national product.

Reference: The Penguin Dictionary of Economics, 3rd edt.



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James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.