Economic growth anemic at 0.7%. Are we in a recession?

Posted By on Jan 29, 2016 0 comments

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What, exactly, is the definition of a recession?Economists have evolved to decide that, in general, the economy is in recession when the nation's Gross Domestic Product (GDP) contracts, or shrinks, for two consecutive quarters. But an…

Whose definition of "recession" is most useful?  Economists?  Or Ronald Reagan