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Explainer: What's a recession and why is rising anxiety about it roiling markets?

  • Stock markets are falling as consumers are becoming less optimistic about the economy, with rising concerns about a potential recession.
  • Goldman Sachs estimates a 20% chance of a recession this year amid concerns linked to Trump's tariffs.
  • President Donald Trump has increased import taxes on steel and aluminum from Canada in response to provincial duties on electricity.
  • The National Bureau of Economic Research defines a recession as a significant decline in economic activity that lasts for more than a few months.
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Bias Distribution

  • 69% of the sources are Center
69% Center
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WFAA 8abc broke the news in Dallas, United States on Tuesday, March 11, 2025.
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