Federal Reserve Board Chairman Jerome Powell said he did not believe the United States was in a recession — but then said the Fed doesn’t make such determinations ...

The National Bureau of Economic Research (NBER) defines a recession as a “significant decline in economic activity that is spread across the economy, lasting more than a few months.” Three criteria – ...

The U.S. economy shrank for two consecutive quarters this year, increasing speculation that the country could be headed for a recession. But does two straight quarters of economic decline mean we’re ...

We are not in a recession. In economics, we generally define a recession as two straight quarters, or six months, of falling ...