Is the U.S. Economy in a Recession Yet?
Former JPMorgan Chase Global Chief Economist & PH.D in Economics
Santa and the National Bureau of Economic Research (NBER) have checked their list and checked it twice, and have concluded that so far we are not there yet!
The NBER (a non-partisan group) (without consulting Santa) identifies the start and end of a U.S. recession.
The variables they use to make that determination include:
• Employment
• R…
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