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  1. www.nber.org › research › business-cycle-datingBusiness Cycle Dating | NBER

    The NBERs Business Cycle Dating Committee maintains a chronology of US business cycles. The chronology identifies the dates of peaks and troughs that frame economic recessions and expansions. A recession is the period between a peak of economic activity and its subsequent trough, or lowest point.

  2. 14 mar 2023 · US Business Cycle Expansions and Contractions. Contractions (recessions) start at the peak of a business cycle and end at the trough. Source NBER. Downloadable Excel File of Business Cycle Expansions and Contractions and .PDF version. JSON file format.

  3. 3 cze 2024 · Graph and download economic data for NBER based Recession Indicators for the United States from the Period following the Peak through the Trough (USREC) from Dec 1854 to May 2024 about peak, trough, recession indicators, and USA.

  4. 27 cze 2024 · Graph and download economic data for NBER based Recession Indicators for the United States from the Peak through the Trough (USRECDM) from 1854-12-01 to 2024-06-27 about peak, trough, recession indicators, and USA.

  5. Our time series are composed of dummy variables that represent periods of expansion and recession. The NBER identifies months and quarters, while the OECD identifies months, of turning points without designating a date within the period that turning points occurred.

  6. 3 maj 2008 · Monthly US data on payroll employment, civilian employment, industrial production and the unemployment rate are used to define a simple recession- dating algorithm that nearly perfectly reproduces the NBER official peak and trough dates. The only substantial point of disagreement is with respect to the NBER November 1973 peak.

  7. 19 lip 2021 · The NBER chronology does not identify the precise moment that the economy entered a recession or expansion. In the NBER’s convention for measuring the duration of a recession, the first month of the recession is the month following the peak and the last month is the month of the trough.

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