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uoregon.edu - 12/1/2008
U.S. Recession Probabilities
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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 production, real personal income excluding transfer ...
bloomberg.com - 12/1/2008
Recession in U.S. Started in December 2007, NBER Says (Update2)
— 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 ...

Comments vote down MaxedOutMama found this 12/1/2008found this
Recession is 'Official:' Is It Time To Look Forward?
financialphilosopher.typepad.com - 12/2/2008
Recession is 'Official:' Is It Time To Look Forward?
— 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?

Comments vote down The Big Picture found this 12/2/2008found this
search.bloomberg.com - 12/1/2008
US in Recession for a Year
— search.bloomberg.com — Minerd doubts that private savings in the U.S. and foreign purchases of Treasury debt will be sufficient... to meet those government cash requirements. That leaves the Fed to take up the slack; that is, monetization of the debt. (in English this means ... (more) US in Recession for a Year

Comments vote down Fund My Mutual Fund found this 12/1/2008found this

Blog Reactions

Econbrowser:  It's official

Economist's View:  When Did the Recession Begin?

Comments
Blog Reactions

It's official
Econbrowser — ... Mechanical algorithms based on the monthly values of non-farm payroll employment, the index of industrial production, real personal income excluding transfer payments, and real manufacturing and trade sales are updated independently (with slightly different specifications) by Professor Jeremy Piger of the University of Oregon and ...

When Did the Recession Begin?
Economist's View — ... that "I think that this was the right way to call it..." However a colleague, Jeremy Piger, has a recession dating model that indicates it wasn't exactly clear when the recession began. His recession probabilities are: ...

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Around the Street: Yes, It's a Recession — BusinessWeek.com -- Finance 12/1/2008
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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. read more
The economy: A thoroughly modern recession — The Economist: Full print edition 12/4/2008
The current recession fits the pattern of recent ones—but is likely to last longer BUSINESS expansions, it used to be said, did not die of old age; they were murdered by the Federal Reserve. Yet with the official announcement on December 1st ...
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