MoneyBusiness

Actions

A US recession began in February in the face of coronavirus

Store Closing Economy
Posted
and last updated

WASHINGTON — (AP) — The U.S. economy entered a recession in February, a group of economists declared Monday, ending more than a decade of steady if slow growth.

The economists said employment peaked in February and fell sharply afterward, marking the beginning of the downturn. A committee within the National Bureau of Economic Research, a trade group, determines when recessions begin and end.

It defines a recession as “a decline in economic activity that lasts more than a few months.”

The committee acknowledged, however, that in this case the depth of the economic downturn so far also played a role in its decision.

,

Weather

Daily Forecast

View Hourly Forecast

Day

Conditions

HI / LO

Precip

Sunday

02/15/2026

Partly Cloudy

67° / 51°

0%

Monday

02/16/2026

Rain/Wind

61° / 44°

80%

Tuesday

02/17/2026

PM Showers

56° / 42°

40%

Wednesday

02/18/2026

Partly Cloudy

52° / 40°

24%

Thursday

02/19/2026

Showers

53° / 37°

49%

Friday

02/20/2026

Partly Cloudy

54° / 36°

11%

Saturday

02/21/2026

Partly Cloudy

60° / 40°

15%

Sunday

02/22/2026

Partly Cloudy

66° / 45°

2%