A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Recession
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| - | A period of static or negative economic growth. Various nations have differing definitions but the US definition of two succeeding quarters of negative growth is widely used. | + | A period of static or negative economic growth. There are various definitions but two successive quarters of negative growth is a widely used one. |
Revision as of 13:19, 27 December 2008
A period of static or negative economic growth. There are various definitions but two successive quarters of negative growth is a widely used one.