Chart 3 shows the model’s forecast for recessions that start in the next quarter for each G7 economy in recent years. For the European G7 economies (France, Germany, Italy, and the United Kingdom) and ...
An expert has projected that the U.S. economy might be headed for a recession in the new year, with timing mostly hinging on ...
Because the United States is the world's largest economy and has ... In particular, a recession is usually associated with a decline of 2 percent in GDP (see chart). In the case of severe recessions, ...