Browsing Tag

NBER

On recessions and recoveries

The main street reaction to the NBER's determination of a recovery starting in June 2009 has been – as expected – angry. Here are a few sample comments to my post on the recession's end: Obviously we need to redefine…

NBER: Double Dip or Banana Split?

by the Consumer Metrics Institute We founded the Consumer Metrics Institute precisely because we felt that the economic bureaucrats in Washington were out of touch with the economy that most of us live in. They remind us of those patients…

The recession ended in June 2009

The NBER Business Cycle Dating Committee has determined that the recession which began in December 2007 ended in June 2009. In the report announcing this decision, the NBER wrote that economic activity is typically lower post-recession than…
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