By Bill Pan Diesel prices are rising across the nation, and California is taking an especially hard hit, as recent escalations in the Middle East continue to disrupt global oil flows. San Francisco on April 4 became the first city in the United States to record an average diesel price above $8 per gallon, according […]
Tag: Economic Depression
An economic depression is a period of sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle.
