B b0mbrman Lifer Jun 1, 2001 29,470 1 81 Aug 14, 2009 #26 A definition may help. A "recession" is two consecutive quarters of decreased GDP. So by definition, their recession ended after q1. If in q3 and q4, GDP contracts, then that will be another recession.
A definition may help. A "recession" is two consecutive quarters of decreased GDP. So by definition, their recession ended after q1. If in q3 and q4, GDP contracts, then that will be another recession.