Here’s a look at how this group determines when the economy has entered a recession. Illustration: Jacob Reynolds Markets and economics are complex. It's easy to be overwhelmed by a sea of wonky ...

A “recession is underway,” and we’re just waiting for corroboration by the National Bureau of Economic Research, the ...

The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.

NBER defines a recession as a broad-based, sustained economic downturn. The average recession since World War II has lasted about 10 months. Preparing early can help mitigate a recession's impact ...