pandemic recession

COMMENTARY

Will it be a ‘V’ or a ‘K’? The many shapes of recessions and recoveries

BY: - October 19, 2020

Recessions – typically defined as two consecutive quarters of declining economic output – are always painful in terms of how they affect our economic well-being. Like all bad things, fortunately, they eventually end and a recovery begins. But not all recoveries or recessions look the same. And economists have a tendency to compare their varying […]