The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.

As of July 11th, the index was at 9.13, down from the previous week and with 3 of the 6 components in expansion territory.

The report forecasts Canada's defence spending commitments will raise the country's real gross domestic product up to 0.9 per ...

As for recession odds, some believe we can expect a recession to begin later in 2024 than they initially predicted. Economists say there's a 47% chance of a downturn in 2024, much lower than the 60% ...

That projection also puts the odds of a recession in Canada at 40 per cent. But Ottawa’s update also provides a “downside scenario” outlining a worse case amid economic uncertainty.

For the moment, businesses, households and financial markets are locked in an elaborate game of wait-and-see. Companies ...

The pandemic recession only lasted two months, from March to April 2020, even though the steep drop in economic activity over those weeks meant GDP shrank overall in both the first and second quarters ...