Home page working papers new this week contact us search: Home Page Publications Research People Data Other Sites Recessions People Links Printer friendly Email this page The NBER s Recession Dating Procedure Business Cycle Dating Committee, National Bureau of Economic Research Robert Hall, Chair Martin Feldstein, President, NBER Ben Bernanke Jeffrey Frankel Robert Gordon Victor Zarnowitz June ...

The rate of increase in real GDP has been higher in the last several years than in the first part of the 1990s and much of the 1970s and 1980s. And the recessions of the 1970s and 1991 (in essence, falling real GDP for at least two quarters in a row) are missing. Gross Domestic Product (GDP) is one measure of economic activity, the total amount of goods and services produced ...