The word is “recession”. What is a recession? One definition is “When US real growth is negative for two or more successive quarters of a year” or another is “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in … real income, employment, industrial production and […]
Entries from June 2008
Todays economy! Is everyone feeling the crunch?
June 13th, 2008 · No Comments
Tags: Business