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Mar 8, 2021 · Bloomberg's Recovery Tracker monitors the U.S. economy for signs of a rebound from the recession triggered by the Coronavirus pandemic.
What Dates Are Used for the U.S. Recession Bars? FRED uses business cycle turning points determined by the National Bureau of Economic Research (NBER) for recession shading on graphs.
Dec 25, 2021 · The 2020 recession was caused by the COVID-19 pandemic and the worst economic crisis since the Great Depression. Learn how it compared to other recessions.
- Kimberly Amadeo
Jun 8, 2020 · Key Points. The National Bureau of Economic Research, which determines recessions, said the U.S. peaked in February. That brought to an end a 128-month expansion, the longest in post-World War II...
Jun 8, 2020 · The pandemic forced the economy to contract sharply, ending a record expansion and prompting the group that dates U.S. business cycles to formally declare a recession.
- Jeanna Smialek
Nov 12, 2020 · The unique features of this pandemic-spawned recession have, as the BCDC noted on June 8, 2020, “resulted in a downturn with different characteristics and dynamics than prior recessions.” So, while the data suggest that an economywide trough in economic activity occurred sometime in the spring, the pandemic remains a key driver of economic ...
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Jul 20, 2021 · The U.S. recession touched off by the coronavirus lasted only two months, ending with a low point reached in April 2020 after thestart of a sharp drop in economic activity in March of that...