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The NBER is a private think tank. You may be confusing them with the Bureau of Economic Analysis, which is an independent federal agency.
by junofan 4y ago
The NBER is a private think tank. You may be confusing them with the Bureau of Economic Analysis, which is an independent federal agency.
- jmalicki 4y agoNo, it is the NBER. Even the BEA says the NBER officially defines recessions: https://www.bea.gov/help/glossary/recession https://www.bea.gov/help/glossary/recession