Congressional Research Service Issues In Focus White Paper on Defining Recession
October 01, 2024
October 01, 2024
WASHINGTON, Oct. 1 (TNSrep) -- The Congressional Research Service issued the following In Focus white paper (No. IF12774) on Sept. 30, 2024, by macroeconomic policy analyst Lida R. Weinstock.
Here are excerpts:
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Defining Recession
Over time, an economy fluctuates between periods of above- and below-average short-term growth. These fluctuations are referred to as the economy's "business cycle." As the economy moves through th . . .
Here are excerpts:
* * *
Defining Recession
Over time, an economy fluctuates between periods of above- and below-average short-term growth. These fluctuations are referred to as the economy's "business cycle." As the economy moves through th . . .