Recession Result
07/01/2021 |
The Sars-Cov-2 recession began 3/20. When did it end? The US recession definition is a significant decline in economic activity across the economy that lasts more than a few months. Importantly, recessions end when growth stops contracting. Economic activity bottomed in 4/20. So, this will probably be a two-month recession. If defined as two straight quarters of decline, the definition used outside the US, the recession was 1/20-6/20, six months.