How do you define a recession? Let us count the ways

WASHINGTON: Whether the United States, the world's largest economy, will slip into a recession is a growing concern for chief executives, the Federal Reserve, and the administration of President Joe Biden. But defining what a recession is, and predicting when it will happen, is not straight-forward.

WASHINGTON: Whether the United States, the world's largest economy, will slip into a recession is a growing concern for chief executives, the Federal Reserve, and the administration of President Joe Biden.

But defining what a recession is, and predicting when it will happen, is not straight-forward.