| Getty Images Key Takeaways When consumers spend less, profit slows, forcing businesses to cut costs and assume a more defensive stance. For some industries, consumers will continue to spend, which m...
Tag: are we officially in a recession?
Are We Entering A Recession? How Investors Know When A Recession Begins
| Getty Images Key Takeaways There are five major indicators that signal a potential recession. While gross domestic product did have negative growth for two consecutive quarters, we are not officiall...
What Does A Recession Mean For The Average Person?
| Getty Images Key Takeaways During a recession, the entire economy is down, and everyone feels the impact in one way or another. With less money in circulation, the unemployment numbers rise, leaving...
When Will This Officially Be Called A Recession?
| Getty Images Key Takeaways Two consecutive quarters of negative GDP growth are typically used as a shorthand definition for a recession. The National Bureau of Economic Research (NBER), the entity r...
More Layoffs On The Horizon? Does This Push Us Into A Recession?
| Getty Images Key Takeaways The unemployment rate rose in August from 3.5% to 3.7%, but employers still added 315,000 jobs. Strong labor reports have prevented the NREB from announcing an official re...
How Does A Recession Affect Me?
| Getty Images Key Takeaways The harsh reality is a recession will impact every single person in some way. We’re all noticing the impact of inflation on the price of basic consumer goods and higher in...
3 Industries That Are Poised To Do Well In A Recession
Looming recession feels like two outs in a 2-1 game and we are all the next batter. Getty Images With the threat of a recession looming so large, many businesses are already preparing for the impacts ...
Are Any Stocks ‘Recession Proof’?
Recessionary times are part of investing, it’s essential to adjust accordingly. Getty Images A common concern for investors is where to hold their assets during a recession. Trying to time the m...