Real estate blog entries tagged with recession defined by Sherry Connor (Fidelity and Trust Mortgage)

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recession defined: Mortgage Market Definition: RECESSION - 02/25/08 06:36 AM

By Definition: A Recession is the decline in a country's gross domestic product (GDP) for 2 or more quarters successively. Personally, many of us may feel like we are already in a recession but Wall Street looks at the GDP...So if the GDP does not decline then technically there's no "recession".
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Sherry Connor

Charlotte, NC

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Fidelity and Trust Mortgage

Address: 2101 Rexford Road, Suite 350W, Charlotte, NC, 28209

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