U.S. Recession Predicted

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Recessions

CBS News

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Business

Business & Economics

How close are we to a recession and how will we know when we get there?

Summary

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75% Informative

Some economists believe the U.S. could be headed toward a recession.

How close are we to a recession and how will we know when we're in one? Recessions are generally marked by high unemployment rates and a significant decline in economic activity.

Another possibility: stagflation, when economic growth falters even as prices remain painfully high.

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Informative language

Neutral language

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informal

Language

English

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not offensive

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