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United States · Resolution · SRES

S.Res. 724 (117th)

A resolution expressing the sense of the Senate that the historic definition of a recession is 2 negative quarters of gross domestic product growth.

referredUnited States· United States Congress· EN

Introduced

27 July 2022

Last action

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Status

Referred to the Committee on Homeland Security and Governmental Affairs. (text: CR S3745)

Sponsors

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Subjects

Discovery layer

Source updated

14 January 2025

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Summary

This resolution states that two consecutive quarters of negative growth in gross domestic product constitutes a recession.

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Votes

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Versions

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Documents

3 official files

Introduced in Senate (text)

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Sources

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