News tagged with recession

Related topics: net income · intel · economy · jobs · economic downturn

A decade later, older Americans are still going hungry

Hunger does not respect age. A recent report comparing data from 2007 to 2015 finds 5.4 million people age 60 or older in the U.S., or 8.1 percent, are food insecure. Although this percentage went down from 2014 to 2015, ...

Sep 06, 2017
popularity2 comments 0

Recession

In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.

Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

This text uses material from Wikipedia, licensed under CC BY-SA

Subscribe to rss feed