If you are talking about as defined by NBER there is no “official numbers”. Recession by that definition is a) not a fixed set of numbers, the board determines it each time based on lots of different things and they aren’t necessarily the same metrics every time and b) explicitly a backwards looking descriptive designation. Most of the time you will be _through_ a recession before it’s declared.
https://www.realtor.com/news/trends/state-economy-recession-...
https://x.com/Markzandi/status/1959686593276490220
https://finance.yahoo.com/news/ai-is-keeping-the-us-economy-...
https://www.bloomberg.com/news/articles/2025-11-21/us-consum... | https://archive.today/aVfYZ
America is in a 4 income economy - the number of typical incomes needed to reliably meet basic bills (rent,transpo,food,utils) in most markets.
I've lived thru 8 recessions, none had achieved this level of difficulty. None had so completely barred new entrants to society.
You mean the average number of full time jobs a single person needs to do to survive? or a couple? or a couple with kids?
In your estimation what was the peak for ease of new entrance to society?
1968.
https://www.visualcapitalist.com/chart-the-declining-value-o...
If you are talking about as defined by NBER there is no “official numbers”. Recession by that definition is a) not a fixed set of numbers, the board determines it each time based on lots of different things and they aren’t necessarily the same metrics every time and b) explicitly a backwards looking descriptive designation. Most of the time you will be _through_ a recession before it’s declared.
They’re running out of cards to stack up in the form of a house
> GoFundMe CEO says the economy is so bad that more of his customers are crowdfunding just to pay for their groceries
October 13th, 2025
https://fortune.com/2025/10/13/gofundme-ceo-economy-inflatio...