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During the 2020 recession due to COVID-19, the hardest hit industries were leisure and hospitality, but in the 2001 recession, the tech industry struggled, he explained.
Moody's chief economist Mark Zandi warned that the U.S. economy is on the precipice of recession as weak jobs data and rising ...
At what point does a recession become a depression? Most analysts say a recession becomes a depression when the GDP decline exceeds 10%. But Schlossberg said that's another rule that can "easily be ...
Stephanie Hughes, finance reporter for Financial Post, explains why economists have a gloomier economic forecast and are expecting a recession to hit Canada next year. What economists are saying about ...
RBC Global Asset Management put the odds of a recession in 2024 at 70%. In the firm's 2024 outlook, strategists shared six reasons why they hold that view. "A recession can be expected to inflict very ...
If news about inflation, trade, the Federal Reserve and jobs has you confused and you’re not sure what to make of the US economy, don’t worry: You’re in good company.
Obama calls jobs plan insurance against recession, asks Republicans to explain opposition By Steven R. Hurst The Associated Press Posted October 6, 2011 8:24 am 5 min read ...
As for recession odds, some believe we can expect a recession to begin later in 2024 than they initially predicted. Economists say there's a 47% chance of a downturn in 2024, much lower than the ...
Recession risks are rising: We explain why Watch: Finance reporter Stephanie Hughes explains why economists are predicting a recession to hit Canada in 2023 By Stephanie Hughes Published Oct 17, 2022 ...