close
MENU
Economy Matters
4 mins to read

What’s with this ‘technical recession’?

ANALYSIS: They could have just said: for the second quarter in a row, we didn’t grow.

NBR columnist Christoph Schumacher speaks with Jonathan Mitchell.

So, we are in a ‘technical recession’. Sounds bad. The economists and news outlets could have been less dramatic and simply told us that, for the second quarter in a row, we didn’t grow. 

And why is it called a technical recession and not simply a recession? A recession is a sustained period

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
Individual
Group membership
NBR Marketplace

Yearly Premium Online Subscription

NZ$499.00 / yearly

Monthly Premium Online Subscription

NZ$44.95 / monthly

Smartphone Only Subscription

NZ$24.95 / monthly

Premium Group Membership 10 Users

NZ$350+GST / monthly

$35 per user - Pay by monthly credit card debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Christoph Schumacher Mon, 03 Jul 2023
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
What’s with this ‘technical recession’?
Economy Matters,
99678
true