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Here's how America decides it's in a recession

Adam Noh

Aug 30, 2022

A small group of 8 elite economists hold all the power when it comes to whether or not the US is in an official recession. The NBER's Business Cycle Dating Committee holds a huge sway over economics, politics, and policy. But it may be time to dump this outdated method, Alex Yablon writes.

Here's how America decides it's in a recession

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