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Recession or Depression: Defining Economic Decline

Deep recession or depression? As a journalist, it’s hard to argue that words don’t matter. Certainly, there’s a textbook difference between the “two or more consecutive quarters slowing of economic growth” that marks a recessionary period, and a more severe depression, technically defined as a greater-than-10% decline in national economic activity or GDP.

Small Business Owners: Blogs Don’t Bite

I can’t imagine how it feels to be thrust into a society where virtually all of your thoughts, feelings, and daily activities are posted online for the world to see. Jarring? Sure. A growing necessity for budding entrepreneurs looking to sustain in an economic downturn? Absolutely.

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