US Business Cycle Expansions and Contractions | NBER
WEBMar 14, 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.
Business Cycle Dating | NBER
WEBThe NBER’s 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.
Real Time Analysis of the U.S. Business Cycle
WEBThe model yields a monthly indicator of the U.S. business cycles and probabilities of recessions and expansions when applied to the same series used by the NBER: nonagricultural employment, real personal income, real manufacturing and trade sales, and industrial production.
Where Are We in the Current Business Cycle? - The Balance
WEBJun 30, 2021 · The U.S. economy entered the contraction phase of the business cycle in February 2020. In response to the COVID-19 pandemic, state governments closed non-essential businesses in March. By April, there were 23.1 million Americans unemployed, sending the unemployment rate to 14.8%.
WEBJan 3, 2023 · The economy’s movement through these alternating periods of growth and contraction is known as the business cycle. The business cycle has four phases: expansion, peak, contraction, and trough, as shown in Figure 1. Figure 1. Stylized Depiction of the Business Cycle. Source: Congressional Research Service.
All About the Business Cycle: Where Do Recessions Come From?
WEBMar 1, 2023 · Business cycle: The fluctuating levels of economic activity in an economy over a period of time measured from the beginning of one recession to the beginning of the next. Contraction: A period when real GDP declines; a period of economic decline.
Is the Boom-and-Bust Business Cycle Dead? - The New York Times
WEBApr 11, 2024 · There is a growing view that the U.S. business cycle has changed (for better) in a more diversified economy. To some, that sounds like tempting fate.
Economic Cycle: Definition and 4 Stages of the Business Cycle
WEBDec 19, 2023 · An economic cycle, also known as a business cycle, refers to economic fluctuations between periods of expansion and contraction. Factors such as gross domestic product (GDP), interest rates,...
Business Cycle Dating Committee Announcement July 19, 2021
WEBCambridge, July 19, 2021 - The Business Cycle Dating Committee of the National Bureau of Economic Research maintains a chronology of the peaks and troughs of US business cycles. The committee has determined that a trough in monthly economic activity occurred in the US economy in April 2020.
Business Cycle: What It Is, How to Measure It, and Its 4 Phases
WEBJun 6, 2024 · Business cycles are composed of concerted cyclical upswings and downswings in the broad measures of economic activity—output, employment, income, and sales.
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