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MARKETS TODAY :

  • EUR/USD1.1356 (+0.1711%)
  • EUR/JPY127.3500 (+0.0747%)
  • GBP/USD1.2921 (+0.8461%)
  • AUD/USD0.7625 (+0.5618%)
  • USD/CAD1.3055 (-1.0303%)
  • USD/CHF0.9615 (+0.1062%)
  • USD/CNY6.7983 (-0.1733%)
  • NZD/USD0.7296 (+0.4157%)

A recession is a significant decline in activity across the economy, lasting longer than two consecutive quarters. It is visible in industrial production, employment, real income and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP).