according to this article:
Did recession begin in 2000?
Group that dates economic cycles considers extending most recent downturn; possible boon for Bush.
January 22, 2004: 3:01 PM EST
By Mark Gongloff, CNN/Money Staff Writer
NEW YORK (CNN/Money) - The committee of economists that sets the dates of U.S. recessions and expansions is considering moving the starting point of the latest recession to as early as November 2000 -- which could provide some political cover for President Bush.
The business cycle dating committee of the National Bureau of Economic Research, a private research group, will soon decide whether or not to change the starting date of the latest recession from March 2001, its current estimated starting month, NBER spokeswoman Donna Zerwitz told CNN/Money.
Current Events » in reply to According to the NBER (the official arbiter of when U.S. recessions begin and end), the economy peaked in March of 2001 . . .
Maybe not. Your assertion appears to be dated...
The whole thread (18 posts)
- why did the Bush recession start?
- Since the clinton recession started in 2000, you tell me. (n/t)
- When you start taking 300 and 400 level classes, let us know. I'm sure we'd all be glad to help. (n/t)
- According to the NBER (the official arbiter of when U.S. recessions begin and end), the economy peaked in March of 2001 . . .
- This has GOT to be the longest reach I've seen yet.
- Correction: why did the Clinton recession start? It began in late spring of 2000 with the dot-com collapse. Don't you remember. I notice that your graph omits this period. (n/t)
- Answer, because Clinton started it a year before.
- Look at the trend. It was falling during Clinton's last year.