Aug 25, 2025 · What Is a Recession? A recession is a significant and widespread downturn in economic activity that typically lasts for longer than a few months.

Feb 19, 2024 · As two advanced economies slip into recession, economists warn of uncertain times ahead. But what is a recession and how can we tell if one is happening?

In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. [1][2] Recessions generally occur when there is a widespread drop in …

4 days ago · Anthony Scaramucci asserts the US is already in a recession, citing Trump's policies and economic tensions as contributing factors.

6 days ago · Under the IMF's worst-case outlook, the global economy teeters on the brink of recession, with oil prices averaging $110 a barrel in 2026 and $125 in 2027.

2 days ago · A report from the International Monetary Fund warns "the global economy is threatened with being thrown off course." European Union Commissioner Marta Kos discusses this grim …

Apr 3, 2025 · In this McKinsey Explainer, we look at what a recession is, their impact on the global economy, and what can be done to mitigate their impact.

5 days ago · The International Monetary Fund has warned that the world may be headed for a global recession if energy and supply disruptions due to the U.S. and Israeli war with Iran drag on.

There is no official definition of recession, but there is general recognition that the term refers to a period of decline in economic activity. Very short periods of decline are not considered recessions.

Dec 17, 2025 · A recession is a significant, broad-based decline in economic activity that typically affects output, employment, and consumer spending. Recessions vary in length, but U.S. recessions have …