No one indicator is used to determine a recession. Rather, it’s a group of people, called the Business Cycle Dating Committee. WSJ explains how this group decides when the U.S. has entered a recession, and why knowing that date is so important. Illustration: Jacob Reynolds WSJ Glossary Markets and economics are complex. It's easy to be overwhelmed by a sea of wonky indicators and lose track of why they matter. This series breaks down the basic terms and ideas that move the markets. #Recession #Economy #WSJ... ( read more )
BREAKING: Recession News
LEARN MORE ABOUT: Bank Failures
REVEALED: Best Investment During Inflation
HOW TO INVEST IN GOLD: Gold IRA Investing
In the realm of economics, a recession is defined as two consecutive quarters of negative economic growth. But who decides when a recession officially begins? That responsibility falls to the National Bureau of Economic Research's Business Cycle Dating Committee, a little-known gro
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)