Shredded economy confidence - II - Stock Image

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Description
Concept of despair, failing confidence, lack of consumer confidence and general concern for economy, jobs and future! Disappointment in banks, financial institutions, markets, investments and government.

In economics, the term recession generally describes the reduction of a country's gross domestic product (GDP) for at least two quarters. The usual dictionary definition is "a period of reduced economic activity", a business cycle contraction. The United States-based National Bureau of Economic Research (NBER) defines economic recession as: "a significant decline in [the] economic activity spread across the economy, lasting more than a few months, normally visible in real GDP growth, real personal income, employment (non-farm payrolls), industrial production, and wholesale-retail sales."

A recession has many attributes that can occur simultaneously and can include declines in coincident measures of activity such as employment, investment, and corporate profits. A severe or prolonged recession is referred to as an economic depression.

Image is captured in 12 bit RAW and processed in Adobe RGB color space. [file:198; Lot:34]

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