Recession

An economic slowdown is a contraction in the economy. This can be viewed by using several indicators, including lower gross domestic product (GDP), higher unemployment, lower industrial production, lower business investment, a decline in retail sales, and a decrease in corporate profits. Not all of these factors need to be declining for an economic slowdown, but these are some of the main indications to watch for regarding the overall health of the economy. Some consider a recession to be occurring when there are two consecutive down quarters of gross domestic product (GDP). According to the National Bureau of Economic Research, a recession is “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real money, employment, industrial production and wholesale retail sales.”


Jim Rogers: Everyone Will Suffer Jim Rogers, the legendary billionaire investor and chairman of Rogers Holdings, says the global economy is about to get pounded into a recession and, as usual, the average person will be the one who suffers.…

The U.S. economy saw some good news last Friday. The U.S. Department of Labor reported that the unemployment rate dipped to 4.9%—the first time the rate has dropped below five percent since February 2008. U.S. wages also picked up as…

Global Economy on Verge of Recession: Analyst Global financial markets are caught in a slippery death spiral. They will cause a global recession that will spare nobody, say Citigroup analysts. (Source: “Citi: World economy trapped in ‘death spiral’,” CNBC, February…

Here in late 2015, almost each passing day, we get data suggesting the U.S. economy is headed towards a recession in 2016. Of biggest concern is consumer consumption, also known as consumer spending, which makes up two-thirds of U.S. gross…

For 2016, a recession is becoming a more likely scenario than economic growth, confirmed by two leading indicators and these charts. Consumer Spending in U.S. Economy Slumps Consumer spending in the U.S. economy is in a downward spiral. Major retailers…

By looking at what giant heavy equipment–maker Caterpillar Inc. (NYSE:CAT) is saying, we’re already in a global recession. On October 22, Caterpillar reported its financial results for the third quarter of 2015. Its CEO said, “The environment remains extremely challenging…

According to the U.S. Census Bureau, for the first time in 35 years, more businesses in the U.S. economy are dying each year than being established. In 2013, 400,000 businesses started in the U.S. and 470,000 closed down. (Source: “American…

U.S. economic data is very clear: we’re headed towards a recession, if we’re not already in one. There are three key indicators I closely follow that presently paint a gruesome picture of the U.S. economy: consumer confidence, manufacturing statistics, and…

The Last Time This Happened, Silver Prices Soared 420% It’s no secret that the Fed’s quantitative easing measures have had a negative impact on silver prices, but silver might soon be set to skyrocket. There’s one economic trend that has…

For months, I have written in these pages about how the slowing global economy would wash ashore to America and infect our own companies. I posted repeated charts in Profit Confidential that showed leading indicators like the Baltic Dry Index…

The impact of China’s stock market crash is sending shockwaves around the world, leaving the global economy on the verge of economic collapse in 2016. On Tuesday, StatsCanada revealed the Canadian economy officially entered a recession. The country’s economy contracted…