I have heard the term recession tossed around lately. . .so what is a recession?Per Wikipedia (Click link for more analysis):
"In macroeconomics, a recession is a decline in a country's real gross domestic product (GDP), or negative real economic growth, for four or more successive quarters of a year."

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It is increasingly unlikely that we are currently in a recession:
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The Recession of 2008 That Wasn’t?
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