Clear, with a low around 58. West wind 9 to 14 mph becoming south southwest after midnight. Winds could gust as high as 18 mph.
Definition of recession: A period of general economic decline; typically defined as a decline in GDP for two or more consecutive quarters. A recession... Definition of recession: A period of general economic decline; typically defined as a decline in GDP for two or more consecutive quarters.
The Great Recession is a term used to describe the general economic decline observed in world markets around the end of the first decade of the 21st century. The Great Recession and the Contradictions of Contemporary Capitalism