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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Opinion
5 mins to read

What’s in a recession?

Keith McLaughlin explains why we got 2020 wrong, and why the next recession is likely around the corner.

Keith McLaughlin
Sat, 20 Feb 2021

Well, it looks like everyone was wrong about Covid-19 and the 2020 recession. There were some good predictions being touted in the media and local economists were ready to head to the bunkers, forecasting the worst recession we’ve ever seen.

And then the GDP figures come out in September; they

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Keith McLaughlin
Sat, 20 Feb 2021
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What’s in a recession?
Opinion,
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