Anthropology, Education, Sociology, and Social Phenomena [I] » Social Sciences [I01] » Economics » Economic Recession
Description
Significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real gross domestic product, real income, employment, industrial production, and wholesale-retail sales. (National Bureau of Economic Research, Inc, www.nber.org/cycles.html, accessed 4/23/2009) MeSH
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