No one indicator is used to determine a recession. Rather, it’s a group of people, called the Business Cycle Dating Committee.
WSJ explains how this group decides when the U.S. has entered a recession, and why knowing that date is so important.
Illustration: Jacob Reynolds
WSJ Glossary
Markets and economics are complex. It's easy to be overwhelmed by a sea of wonky indicators and lose track of why they matter. This series breaks down the basic terms and ideas that move the markets.
#Recession #Economy #WSJ
Негізгі бет How a Little-Known Committee Determines When a Recession Begins | WSJ
Пікірлер: 133