The day that #Bowie died, did a new #recession start?

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angel of recession

The day that Bowie died, did a new recession start?

Possibly not but if you looked into the pages behind the headlines today there seems to be a definable shift towards a massive downturn in the worlds economy.

House price warnings are a benchmark towards a slump – the common man is feeling the pinch (yet again).

Economic downturns decrease monetary activity which means that businesses usually experience falling sales and lack of growth due to the cash flow doldrums. These economic factors combined have created employment stagnation and redundancies. The larger the business, the tighter the squeeze.

Anyway we now have a point of reference – it all went tits up again the day Bowie died.

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In economics, a recession is a business cycle contraction, a general slowdown in economic activity.During recessions, many macroeconomic indicators vary in a similar way. Production, as measured by gross domestic product (GDP), employment, investment spending, capacity utilization, household incomes, business profits, and inflation all fall, while bankruptcies and the unemployment rate rise.

Recession. (2015, December 30). In Wikipedia, The Free Encyclopedia. Retrieved 11:45, January 11, 2016, from https://en.wikipedia.org/w/index.php?title=Recession&oldid=697478434