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Foreclosure Defense and Loan Modification Blog

Are We Headed Toward Another Recession?

Posted by Maxwell Swinney

Tuesday, May 31, 2016

Are you financially secure? What do you think the odds are that things will be worse in the near future? Is the country about to repeat 2008?

Those are the questions on the minds of many Americans who are afraid the economy is poised to enter a recession.

A recession is defined as "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale retail sales."

According to a recent Business Insider article, economists and stock analysts have had to address worry about a recession a lot this year. People are feeling insecure, and parts of the economy have been slowing down.

So are we in a recession, or about to be in one?

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Topics: foreclosure, foreclosure grief, foreclosure crisis, recession

About this Blog

Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. We have helped over 7,000 homeowners fight back and keep their homes.

Click to Read Our Super Loan Mod Success Stories

Our goal is to provide valuable information to help homeowners who are trying to obtain a loan modification or to stop foreclosure. You may schedule a free consultation at any time.

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