In general, economists define a recession as TWO or more consecutive three-month periods of decline in a country's GDP.
This is further explained below.
<h3>What is GDP?</h3>
Generally, Economists, in general, agree that a nation is considered to be in a recession when its GDP has decreased for TWO or more consecutive periods of three months.
In conclusion, The gross domestic product (GDP) of a nation is a monetary measurement that is based on the market value of all of the final products and services that are produced in that nation during a certain time period.
Before being regarded as a trustworthy indication, this measure often undergoes revision because of the complexity and subjectivity inherent in its design.
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