From Wikipedia:
Although the definition of a recession varies between different countries and scholars, two consecutive quarters of decline in a country's real gross domestic product (real GDP) is the most popular definition used as defining what a recession is.[3][4][5][6][7][8] In the United States, a recession is defined by the National Bureau of Economic Research (NBER) as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales".[9] In the United Kingdom and most other countries, it is defined as a negative economic growth for two consecutive quarters.[10][11]
Water carrying cunts. It used to just say "Recession is defined as a negative economic growth for two consecutive quarters." Now they have to have a long tortured two sentence word salad to run cover for the imbecile 81 million (allegedly) fools elected.