A slew of weak economic data, increasing trade tensions and slowing GDP growth have flashed signs of an economic slowdown. No one can predict exactly when a recession will occur. If the U.S. economy is in a recession, how will we know? The National Bureau of Economic Research, a nonprofit research organization, defines a recession as the period between a peak and a trough of economic activity. The organization doesn’t give a set definition of economic activity, but looks to indicators like domestic production, employment and retail sales.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Is A Recession Inevitable?
Video published on YouTube by CNBC.