Recession Declared For The United States By The NBER BCDC

Yesterday (June 8, 2020) the National Bureau of Economic Research (NBER) Business Cycle Dating Committee (BCDC) declared a recession. This announcement is seen on the NBER page titled “Determination of the February 2020 Peak in US Economic Activity.” An excerpt: The Business Cycle Dating Committee of the National Bureau of Economic Research maintains a chronology …

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The U.S. Economic Situation – July 23, 2019 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

Read moreThe U.S. Economic Situation – July 23, 2019 Update

The U.S. Economic Situation – June 24, 2019 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

Read moreThe U.S. Economic Situation – June 24, 2019 Update

The U.S. Economic Situation – May 23, 2019 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

Read moreThe U.S. Economic Situation – May 23, 2019 Update

The U.S. Economic Situation – April 23, 2019 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

Read moreThe U.S. Economic Situation – April 23, 2019 Update

The U.S. Economic Situation – March 22, 2019 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

Read moreThe U.S. Economic Situation – March 22, 2019 Update

The U.S. Economic Situation – February 22, 2019 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

Read moreThe U.S. Economic Situation – February 22, 2019 Update

The U.S. Economic Situation – January 23, 2019 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

Read moreThe U.S. Economic Situation – January 23, 2019 Update

The U.S. Economic Situation – December 21, 2018 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

Read moreThe U.S. Economic Situation – December 21, 2018 Update

The U.S. Economic Situation – November 21, 2018 Update

Perhaps the main reason that I write of our economic situation is that I continue to believe, based upon various analyses, that our economic situation is in many ways misunderstood.  While no one likes to contemplate a future rife with economic adversity, current and future economic problems must be properly recognized and rectified if high-quality, …

Read moreThe U.S. Economic Situation – November 21, 2018 Update