Is the USA going into another depression?
In April of 2010, U.S. economists reported that the long recession was over. Currently they are saying that we are still in a recession. A recession is a business cycle contraction, a general slowdown in economic activity over a period of time.
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About Recession
A recession is a sustained period of lowered economic activity. Recessions usually include lower unemployment, a slowed housing market, and lower economic output in general.
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