Technically a recession starts with two quarters of negative growth. If there has only been one such quarter published but it is clear that things are going to get worse before they get better then it may be clear that you are in a recession even if not technically so.
Malteze Pride
pants
England
4
Bad economic and fiscal policies may cause a recession.
International trade is affected by recession very much.
The technical indicator of a recession are 2 consecutive quarters of a negative economic growth as measured by a country's GDP is a true statement about recession.
Depends which country you're talking about. I am quite sure that the USA is not yet over the recession, but I know that Australia never had a recession to begin with.
Not for a Very long time
people are takin money out of bisnessess.
Recovery
Recovery
no
Fiscal deficit is said to be good for the country as it helps the country to climb out of a recession.
http://www.irs.gov/pub/irs-pdf/p590.pdf
In June 2010, technically, the recession is now over, but it will take time for the effects of this to be felt around the country.