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News@lemmy.world · 2 years ago

The U.K. and Japan have slumped into recession while the U.S. keeps defying gloomy expectations

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The U.K. and Japan have slumped into recession while the U.S. keeps defying gloomy expectations

Rapidcreek@lemmy.world to

News@lemmy.world · 2 years ago

2 of the world’s biggest economies have slumped into recession

But the U.S. keeps defying gloomy expectations.

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2 years ago
You’d care about relative proportion of the population, not absolute.

A recession is defined by relative change in the size of the economy, not absolute.

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