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How many quarters of growth are required to come out of recession? - Answers
To officially emerge from a recession, an economy typically needs to show at least two consecutive quarters of positive GDP growth. However, the specific duration can vary depending on the economic conditions and the indicators used to assess recovery. Other factors, such as improvements in employment rates and consumer confidence, also play critical roles in determining when an economy can be considered fully out of recession.
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How many quarters of growth are required to come out of recession? - Answers
To officially emerge from a recession, an economy typically needs to show at least two consecutive quarters of positive GDP growth. However, the specific duration can vary depending on the economic conditions and the indicators used to assess recovery. Other factors, such as improvements in employment rates and consumer confidence, also play critical roles in determining when an economy can be considered fully out of recession.
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How many quarters of growth are required to come out of recession? - Answers
To officially emerge from a recession, an economy typically needs to show at least two consecutive quarters of positive GDP growth. However, the specific duration can vary depending on the economic conditions and the indicators used to assess recovery. Other factors, such as improvements in employment rates and consumer confidence, also play critical roles in determining when an economy can be considered fully out of recession.
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