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 ...

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 ...

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.

Though the U.S. has met one common definition of a recession – two consecutive quarters of negative GDP growth – in some ways, the current economy doesn't mirror that of previous recessions ...