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Personal Finance Topics / Macroeconomic Trends and Risks
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Author: OrmontUS   😊 😞
Number: of 3853 
Subject: Re: ISM Kiss it good bye
Date: 10/06/25 7:32 AM
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Recession: 1.
a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.

In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. Recessions generally occur when there is a widespread drop in spending.

I'm actually anticipating one, and these numbers are a leading economic indicator, but it's premature to call this drop a recession.

Jeff
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