What is a recession?
Abstract: The past year has seen much debate about whether the United States is officially in (or not in) a recession (it is). But just what is a recession? Who decides that fact and how? Or, in other words, what actually makes a recession a recession? Read the February 2009 Newsletter for all the details.
Provider: Federal Reserve Bank of St. Louis
Part of Series: Liber8 Economic Information Newsletter
Publication Date: 2009