Calling the beginning or end of a recession takes time. The National Bureau of Economic Research (NBER) waits until the data is revised, and if the recovery is sluggish, this process can take from 18 months to two years or longer. In addition, if the economy slides into recession again, the committee will only consider […]
source https://thebtrader.com/2020/05/09/recession-measures-and-nber/?utm_source=rss&utm_medium=rss&utm_campaign=recession-measures-and-nber
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