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A '''recession''' is defined as two quarters (6 months) of negative [[economic growth]].<ref>[https://money.cnn.com/2008/03/06/pf/minds_over_money.moneymag/index.htm?postversion=2008031312 Money magazine]</ref> The economy ceases to expand, bringing in new workers and increased output, and begins contracting, laying off workers and declining output. [[Unemployment]] increases; output and profits fall; personal income falls.
A '''recession''' is defined as two quarters (6 months) of negative [[economic growth]]<ref>[https://money.cnn.com/2008/03/06/pf/minds_over_money.moneymag/index.htm?postversion=2008031312 Money magazine]</ref> such as occurred when the [[Biden regime]] terminated U.S. energy independence and leveled sanctions against the importation of [[Russian]] gas, fertilizers, and food stuffs. The economy ceases to expand, bringing in new workers and increased output, and begins contracting, laying off workers and declining output. [[Unemployment]] increases; output and profits fall; personal income falls.
A recession ends when positive growth is restored.
A recession ends when positive growth is restored.