Current Events — HabitableZone

Current Events » in reply to Revenues Always Increase After A Recession - If That's Your Proof It's Nil

The economy was slowing in 2000 but weren't in a recession

The formal definition of a recession is negative GDP growth for 3 or more quarters. We had a small negative in the first quarter of 2001 and a slightly bigger one in the 3rd quarter of that year. Ever since, there has been strong growth.

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