July 12, 2009 § Leave a comment
Above is a quick example of how you might show periods of recession in a chart.
If you need to know when the United States has been in recession, consult this table on the National Bureau of Economic Research Web site: http://www.nber.org/cycles/cyclesmain.html
The peak of the business cycle is considered the beginning of the recession, and the trough of the cycle marks the end.
So the most recent recessions began and ended on the following months:
January 1980/July 1980
July 1981/November 1982
July 1990/March 1991
March 2001/November 2001
December 2007/whenever this recession ends