It has been more than a decade since the Great Recession ended. In what was the worst economic event since the Great Depression, the financial crisis wreaked havoc on both U.S. and Continue Reading
A recession is defined as when the national economy declines for two consecutive quarters, or six straight months. Recessions are officially declared in the US by a committee of experts at the National Continue Reading
The economy grows and shrinks, and we call this the boom and bust cycle. When the economy is growing, we call it a boom. When the economy shrinks, we call it a Continue Reading
The economy grows and shrinks, and we call this the boom and bust cycle. A recession is when the national economy declines for two back-to-back quarters, or six straight months. That’s the Continue Reading