247wallst.com - 12/1/2008
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As if you did not notice, the US economy is in a recession. We have been maintaining that for just about the whole of 2008. Now today we have the official data from the National Bureau of Economic Research. The NBER said its Business Cycle Dating Committee determined that ...
bloomberg.com - 12/1/2008
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bloomberg.com —
Dec. 1 (Bloomberg) -- The U.S. economy entered
a recession a year ago this month, the panel...
that dates American business expansions said today. The declaration was made by the cycle-dating committee of the National Bureau of Economic Research, a ...
(more)
Recession in U.S. Started in December 2007, NBER Says ...
econbrowser.com - 12/2/2008
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econbrowser.com —
The typical Econbrowser reader might not be surprised
at the NBER decision -- but some others will....
From a May 2008 WSJ article: "The data are pretty clear that we are not in a recession," Council of Economic Advisers Chairman Edward Lazear told a ...
(more)
Recession Dating: Some People Are Going to Be Surprised
financialphilosopher.typepad.com - 12/2/2008
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financialphilosopher.typepad.com —
Pencil_binoculars "It' easy to see -- hard to
foresee." ~ Benjamin Franklin Now that we are "officially"...
in a Recession, what does that mean for stocks going forward? Of course, no one really knows the answer to that question, and I certainly will ...
(more)
Recession is 'Official:' Is It Time To Look Forward?
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Closing Bell: Stocks dive back into the red, Dow down 7%
BloggingStocks —
... was atrocious here in the U.S., and even China had bad data on that front. Then the NBER came out and officially declared the recession has been afoot in case you hadn't noticed. To show much demand destruction there is, oil was down another $4.00 at 2:00 PM. All this data led to record lows on Treasury maturity yields. ...
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Is the Recession Over?
calculatedriskblog.com 7/15/2009 — Last night Merrill Lynch declared the recession over. From Tom Petruno at the LA Times: 'Recession is over,' BofA Merrill Lynch tells investors And from CNBC: It is usually difficult to tell when a recession has ended - especially for a ...
When Did the Recession Begin?
economistsview.typepad.com 12/2/2008 — As noted in the post below this one, the NBER has dated the beginning of the
recession as December 2007. Brad DeLong says that "I think that this was the
right way to call it..." However a colleague, Jeremy Piger, has a recession
dating ...
U.S. Recession Probabilities
uoregon.edu 12/1/2008 — Recession Probabilities This page presents recession probabilities for the United States obtained from a dynamic-factor markov-switching model applied to four monthly coincident variables: non-farm payroll employment, the index of industrial ...
Is the Recession Over ? (Extended Transition Phase)
ritholtz.com 10/29/2009 — Today, we are going to get what is likely a positive GDP. There are a number of factors that are contributing to the improving data point, not the least of which are the inventory liquidation, and the faster fall of imports than domestic consumption. ...
Official: Recession Started in December 2007
aleablog.com 12/1/2008 — Yep, we have been in a recession for a year…
The Business Cycle Dating Committee of the National Bureau of Economic Research met by conference call on Friday, November 28. The committee maintains a chronology of the beginning and ending ...
A Different Kind of Recession
mjperry.blogspot.com 12/3/2008 — The official arbiter of US business cycles, the National Bureau of Economic Research, has made it official: the US economy is in recession. However, contrary to our belief that the US avoided recession until the third quarter of 2008 (MP: a belief I ...
We Are in the Recession
delong.typepad.com 12/1/2008 — James Poterba just emailed, and now the NBER is live on Marketwatch:
U.S. recession began in December 2007, NBER says : By Rex Nutting: WASHINGTON (MarketWatch) -- The U.S. economy entered a recession in December 2007, a committee of economists ...
U.S. recession began in December 2007, NBER says
marketwatch.com 12/1/2008 — WASHINGTON (MarketWatch) -- The U.S. economy entered a recession in December 2007, a committee of economists at the private National Bureau of Economic Research said Monday. The economy reached a peak in December and has been declining since, ...
Voting During a Recession
crossingwallstreet.com 11/3/2008 — This will be the first time Americans will be voting for president during a recession in 48 years. The National Bureau of Economic Research hasn’t officially declared this a recession, but I’m assuming they’re mark the beginning of this current ...
Embracing Recession —
The Big Money 12/2/2008
It's official: The U.S. economy has been in recession since last December , according to new figures from the National Bureau of Economic Research.
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