Question

What are the indicators of recession?

Answer 1

In Macroeconomics,recession is described by a contractionary phase in the business cycle of any country or economy.It is exemplified by an comprehensive downfall of the economic activity or mobility when the economic growth and progress of the country or economy is under transient or long term halt.

Explanation:

• A recession is normally caused by the factors or attributes that adversely affect the aggregate demand and/or aggregate supply in any country or economy.
• Some of the economic factors or attributes causing or contributing to recession include declining aggregate consumption expenditure in the economy,low capital or business investment level,reduction or halt in the government or public expenditure,rise in the overall price of raw materials and productive resources,lack of economic and other resources for domestic business or industrial development and so on.
• Now,recessionary signs in any country or economy can be indicates by various economic events or occurrences such as a sharp reduction or halt in the national income,employment and GDP level in any country or economy,gradual industrial or business shutdowns and bankruptcy,layoff of workers or employee by companies or business organisations,under-employment or utilization of production resources and factor/inputs,low level of consumer confidence,low level of consumption expenditure and higher savings levels in the economy,expansion of fiscal deficit,a consistent stock/share market instability or volatility and so on.

Answer 2

Answer:

The indicators of recession are

: yeild curve

: confidence indexces

: Employment data

: Gross domestic product

: Leading economic index