Talk:Recession
Latest comment: 1 month ago by Red-tailed hawk in topic Recession indicator tracker?
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Suspect
editI thought a recession was two consecutive quarters not “a couple of months” 2600:6C40:1900:5B78:8CD7:8FEF:FC7A:109B (talk) 17:39, 23 August 2022 (UTC)
- Indeed the article lead says "two consecutive quarters of decline in a country's real gross domestic product (real GDP) is commonly used as a practical definition of a recession". Where did you get "couple of months" from? The article does not have that text. – wbm1058 (talk) 16:54, 25 August 2022 (UTC)
- A quote from the introduction: "In the United States, a recession is defined by the National Bureau of Economic Research (NBER) as "a significant decline in economic activity spread across the market, lasting more than a few months" – 'Significantly' and 'lasting more than a few months'. Probably wise economists have written much about the meaning of these words to civilize the American people that live in the middle of poor information, that is, advertisements. 17:34, 7 October 2022 (UTC) Jari Rauma (talk) 17:34, 7 October 2022 (UTC)
- why is NBER the authoritative source? Foxhoundz (talk) 21:09, 14 May 2023 (UTC)
- A quote from the introduction: "In the United States, a recession is defined by the National Bureau of Economic Research (NBER) as "a significant decline in economic activity spread across the market, lasting more than a few months" – 'Significantly' and 'lasting more than a few months'. Probably wise economists have written much about the meaning of these words to civilize the American people that live in the middle of poor information, that is, advertisements. 17:34, 7 October 2022 (UTC) Jari Rauma (talk) 17:34, 7 October 2022 (UTC)
"a fall in GDP for two consecutive quarters"
editis not a global definition and should be removed from its current position at the top of the lead soibangla (talk) 15:59, 15 August 2023 (UTC)
- I agree, I reverted. The lead has been the subject of extensive discussion on this talk page, including RFCs. We need to respect the outcomes of those discussions. MrOllie (talk) 16:21, 15 August 2023 (UTC)
- It's the global/scholar definition. Same everywhere.
- If you change it, you may delete the "historical" part. 2A01:CB00:118C:7600:C98B:AC57:F341:3904 (talk) 09:55, 1 December 2023 (UTC)
Wiki Education assignment: Introduction to Community Economic and Social Development II
editThis article was the subject of a Wiki Education Foundation-supported course assignment, between 9 January 2024 and 12 April 2024. Further details are available on the course page. Student editor(s): Hachaudhari (article contribs).
— Assignment last updated by Hachaudhari (talk) 22:46, 4 April 2024 (UTC)
GDP revisions today
editshow the 2022 two consecutive quarters of negative GDP growth "recession" has been revised away
it never happened after all
now they tall us
https://fred.stlouisfed.org/graph/?g=1uopw soibangla (talk) 22:32, 26 September 2024 (UTC)
- Wow, that kerfuffle feels like such a long time ago. A good example of why recession is a retroactively-defined concept by economists Andre🚐 22:55, 26 September 2024 (UTC)
Recession indicator tracker?
editIs there a reason that the article has a live tracker? It feels a bit odd for an encyclopedia article, and it's going to be a bit of a maintenance task. — Red-tailed hawk (nest) 16:15, 22 October 2024 (UTC)