The most commonly accepted definition of recession is two consecutive quarters of declining gross domestic product, or GDP. Read Next: 5 Subtly Genius Moves All Wealthy People Make With Their Money ...

The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.

The United States may have just emerged from a long, quiet downturn that never showed up in the official record. A prominent ...

Torsten Sløk, who frequently warned of stagflation in 2025, said he now estimates the odds of a recession in 2026 to be about ...

A host of important economic statistics recently became available to give us insights into the current state of the U.S. economy. There was negative (annualized) quarterly growth of real GDP, with ...

Track your spending to understand financial habits and prepare for income changes. Establish a robust emergency fund based on minimal essential expenses. Maintain a diverse investment portfolio and ...

After pausing for nine months, the U.S. Federal Reserve resumed cutting interest rates on 17 September 2025. The recession forecasting method we've used to monitor the odds of a recession starting in ...