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

Bill Number

SRES 724

Introduced

Jul 27, 2022

Latest Action

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

Sponsor

Cosponsors

Topics

Finance and Financial Sector

Full Text

Votes

Summary

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

Actions

Jul 27, 2022

Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3745)
Jul 27, 2022

Introduced in Senate

Amendments

Related Bills