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Tips for Spotting a U.S. Recession Before It Becomes Official

June 19, 2019 by tritekstaffing

As the U.S. nears a record-long expansion in July, the conversation is increasingly turning to when it will all end.

Recessions are inherently hard to spot. The National Bureau of Economic Research’s Business Cycle Dating Committee, a panel whose determinations of when expansions begin and end are accepted as official, generally waits about a year to make a call. By the time a sustained downturn is evident in data like payrolls or gross domestic product, a contraction may have already begun….

Want to learn more? Continue reading this article by clicking the link below.

https://www.bloomberg.com/news/articles/2019-06-15/tips-for-spotting-a-u-s-recession-before-it-becomes-official

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