Thread: USDOC - Bureau of Economic Analysis

Just for overall information about the economy, one can refer to the following government site:

http://www.bea.gov/

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And for general information:

recession n. The act of receding; withdrawal; a period of time of reduced economic activity.

A recession is defined, informally but not officially, as two consecutive quarters of negative real (inflation-adjusted) growth in the gross domestic product.
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Bull and Bear Markets

Simply put, a bull market refers to a market that is on the rise. It is typified by a sustained increase in market share prices. In such times, investors have faith that the uptrend will continue in the long term. Typically, the country's economy is strong and employment levels are high.

On the other hand, a bear market is one that is in decline. Share prices are continuously dropping, resulting in a downward trend that investors believe will continue in the long-run, which, in perpetuates the spiral. During a bear market, the economy will typically slow down and unemployment will rise as companies begin
laying-off workers.
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Added these references for clairification and understanding.

Rgds Spaf