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vast majority of American CEOs believe we're headed toward a recession and are cutting staff at high rates. A recession is defined as a significant,
vast majority of American CEOs believe we're headed toward a recession and are cutting staff at high rates. A recession is defined as a significant, widespread, and prolonged downturn in economic activity. A popular rule of thumb is that two consecutive quarters of decline in gross domestic product (GDP) constitute a recession. Recessions typically produce declines in economic output, consumer demand, and employment. Do you believe the US is headed into a recession? Why or why not
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