“Recession” doesn’t have to be a scary word

Jack Stewart Jul 29, 2019
HTML EMBED:
COPY
A distressed trader working on the floor of the New York Stock Exchange on Oct. 7, 2008 — the day the Dow closed down more than 500 points. Mario Tama/Getty Images

“Recession” doesn’t have to be a scary word

Jack Stewart Jul 29, 2019
A distressed trader working on the floor of the New York Stock Exchange on Oct. 7, 2008 — the day the Dow closed down more than 500 points. Mario Tama/Getty Images
HTML EMBED:
COPY

The “R” word means different things to different people, depending on their experiences. 

For some in their 20s and 30s, the repercussions of the Great Recession of a decade ago are seared into their memories. They watched friends and family lose jobs and houses, which makes the threat of a recession now something they view nervously.

But while talk of an impending recession may trigger panic attacks for survivors of the financial crisis, for analysts, it’s just part of a predictable economic cycle. 

Click the audio player above to hear the full story.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.  

Need some Econ 101?

Our new Marketplace Crash Course is here to help. Sign-up for free, learn at your own pace.