By Andrew Moran Producer prices ran hotter than expected for the second straight month, fueled by an increase in energy costs, serving as a reminder that the inflation fight may be far from over. In February, the producer price index (PPI), a measurement of the amount received by producers for goods, surged by 0.6 percent, […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.