What is Recession and How is it Determined?

What Is Recession?

What Is the History of Recession?

What Are the Biggest Recessions in World History?

What Happens in a Recession?

How Is Recession Determined?

What Are the Real-World Examples of Recession?

FAQs About Recession

Can I purchase a car during a recession?

Factually, it can be reasonable to anticipate that car prices may drop during a recession. However, there are several factors which can considerably affect your capability to buy the car you want.

What are the indicators of recession?


There are five main indicators of recession, as mentioned below:

  • Gross Domestic Product (GDP)
  • Real income
  • Manufacturing
  • Wholesale/Retail
  • Employment

Which industries suffer most during a recession?


Following are some of the riskiest industries that suffer in the event of recession:

  • Real estate
  • Construction
  • Manufacturing
  • Retail
  • Hospitality
  • Tourism

How long does a recession last?

There is no telling how long a phase of recession will last in the economy of a country. However, as per studies, on average, a recession lasts for approximately ten months.