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Ebook Living well in a down economy for Dummies
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Ask an economist what a recession is, and you'll likely get the answer "a decline in gross domestic product lasting two or more consecutive quarters" (Gross domestic product, or GDP, is the total value of goods and services produced in a country.) At the time of this writing, America isn't officially in a recession (although many analysts say it's just a matter of getting the numbers that'll prove that the second-quarter decline has actually occurred), but the economy is definitely in a downturn. Home values are falling, employment is down, real income is down, and energy costs are skyrocketing.
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