T he definition of a recession can be pretty technical. The short version is if there’s a drop in gross domestic product (GDP ...

“But when you see the unemployment rate increasing, that's a pretty good sign that we may be in a recession,” Angel said.

For a recession, the decline is prolonged from around ... the December 2007 to June 2009 Great Recession. The bureau identifies economic peaks and troughs. A peak is the last month of expansion ...