A resolution expressing the sense of the Senate that the historic definition of a recession is 2 negative quarters of gross domestic product growth.

United States117th CongressSRES-724Senate
Updated: Jul 27, 2022

Summary

This resolution states that two consecutive quarters of negative growth in gross domestic product constitutes a recession.

Bill texts

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Introduced (Senate)View official text

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Timeline

  1. Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3745)

    Senate

  2. Introduced in Senate

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