Company Pattern Dating Committee Announcement 8, 2020 june
Determination regarding the 2020 Peak in US Economic Activity february
Cambridge, 8, 2020 – The Business Cycle Dating Committee of the National Bureau of Economic Research maintains a chronology of the peaks and troughs of US business cycles june. The committee has determined that a peak in month-to-month financial task took place in the usa economy in February 2020. The top marks the termination of the expansion that began in 2009 and the beginning of a recession june. The expansion lasted 128 months, the longest in the past reputation for US company cycles dating returning to 1854. The previous record ended up being held by the company expansion that lasted for 120 months from March 1991 to March 2001. (This report can also be available as a pdf.)