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The NBER defines when a recession starts. That's how it's always worked. You can disagree with how that is done, sure, but that's meaningless to the discussion
by jasonlotito 4y ago
The NBER defines when a recession starts. That's how it's always worked.
You can disagree with how that is done, sure, but that's meaningless to the discussion.
Officially, we aren't in one.
Claiming otherwise is like me saying you are guilty of a crime before you are found guilty of a crime.
- megaman821 4y agoNBER tells us when the recession started only after months of being in a recession. Unless you can travel to the future, you have no way of knowing if we are officially in a recession now.