br Economists do not know if the economic system is in recession till they will gather information over an prolonged time frame -- sometimes six months or extra. The economic system will sometimes broaden steadily for six to 10 years and then enter a recession for six months to 2 years. It would go on to broadcast 24-hours a day every day almost 5 months later in the same 12 months. Philippine Each day Inquirer. p. This diminished the demand for other products, contributing to cutbacks in different industries and setting off similar spirals. In the airline industry, for instance, there