The Money Farm Team

Is A Recession Worse Than A Depression?

A recession is an economic downturn that affects output and employment while also lowering household income and consumption. A depression has even more severe consequences, including widespread unemployment and significant pauses in economic activity. Recessions might be more confined, whereas depressions can affect the entire world. What distinguishes a recession from a depression? A recession […]

Is A Recession Worse Than A Depression? Read More »

How To Measure Recession?

Industrial production, employment, real income, and wholesale-retail commerce all show signs of a recession. Although the National Bureau of Economic Research (NBER) does not require two consecutive quarters of negative economic growth as measured by a country’s gross domestic product (GDP) to declare a recession, it does use more frequently reported monthly data to make

How To Measure Recession? Read More »

What Is The GDP Rate Now?

Retail and wholesale trade industries led the increase in private inventory investment. The largest contributor to retail was inventory investment by automobile dealers. Increases in both products and services contributed to the increase in exports. Consumer products, industrial supplies and materials, and foods, feeds, and beverages were the biggest contributions to the growth in goods

What Is The GDP Rate Now? Read More »