What Makes a Recession?

In our latest Today’s Adviser Takeaways video, Senior Research Analyst Liz Laprade picks up where she left off in last week’s video, where she discussed the likelihood of a recession, to explain how one is defined. Most analysts point to two consecutive quarters of negative GDP growth as the most common definition of a recession—but there’s more to it. Liz details how the National Bureau of Economic Research (NBER), the organization in charge of assessing the health of the economy, defines a recession and what it tells us about today. If you have questions for Liz, please send them to info@adviserinvestments.com.