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Author Topic: Microstock content prices decrease despite inflation  (Read 2050 times)

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« Reply #25 on: July 29, 2022, 18:42 »
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The news said that the US went into recession, this is going to make the situation worse in every way and in this microstock..../

more fake news - 2 bad quarters is NOT a recession.

Since 1978 the N.B.E.R. has had a standing group of experts called the Business Cycle Dating Committee, which decides with a lag when a recession began and ended based on multiple criteria, including employment, industrial production and so on. And the U.S. government accepts those rulings. So the official definition of a recession is that it is a period that the committee has declared a recession; its an expert judgment call, not a formula.

https://www.nytimes.com/2022/07/26/opinion/recession-gdp-economy-nber.html


 

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