When does an economic recession become an economic depression? - An economic recession is defined as two consecutive quarters of no growth in the GDP, or negative growth in the GDP. What is the definition of "Depression"?
Economic Recession? - Well I guess it is safe to say that we are offically in a recession. However, some are claiming that we are in a real bad situation, while others think it is not that bad and will get better. My question is, what do you think of our current economy and our future? Also, are we better off now than we were at the end of the "dot com" boom, which was our last recession?
How has the current economic recession affected farmers in the United States and beyond? - i have heard a lot about the current economic recession in how it has affected various businesses, big and small, but what I haven't heard so much about is how farmers have been affected. So, the title of my question states: How has the recession affected farmers? Has it affected different types of farms differently? Such as small, local, farms vs. corporately owned farms? I would very much appreciate any help on this matter that anyone can give me!
How would an economic recession affect sporting events ? - How would an economic recession affect sporting events ? Weather its football , Basketball, or any other sport ?
What will happen after the US economic recession? - We're in an economic recession - high unemployment, increased cost of gas, government stimulus program, etc. I know the characteristics of being in a recession, but what happens after? I've read several CNN news articles, but none of them will provide me information about whats going to happen. Can someone explain ... (I know it's unsure what will exactly happen). Will employment rate go up? Will more people want to build and buy houses? Gas prices decrease?
What are the positive effects of the United States economic recession? - I do not believe this entire economic recession in the United States was 100% horrible. There has to be some positive aspects of it. What do you think are these positive effects that occurred because of the United States economic recession?
to understand an economic recession, it is more important to look at investment than consumption. Why? - Consumption accounts for about 60% of GDP, while investments accounts for about 20% for GDP. However many economists think that, to understand an economic recession, it is more important to look at investment than consumption. Why?
what would happen if there was an economic recession in the US? - I've been reading many news articles on what some say is currently an economic recession.. and what may be in a few months. However, they have been unclear on what effect this would have on a medium income family (aka, the average US family).
How much of a downturn do economist predict during this fall's seasonal economic recession? - I have seen several articles talking about how the economic recession is subsiding as customer spending increases and companies begin to hire. But how much of this current economic sunshine can be tempered by the coming fall and it's regular rollback?
I really hope SDD is being sarcastic and not living with memory loss of how many construction and seasonal workers lose their job during the fall.
What is the link between sub-prime crisis and economic recession? - What is the link between sub-prime crisis and economic recession?