The peak marks the end of the expansion that began in June and the beginning of a recession. The previous record was held by the business expansion that lasted for months from March to March This report is also available as a pdf. The committee also determined that a peak in quarterly economic activity occurred in Q4.
Recession Causes Increase in Teen Dating Violence
Business Cycle Dating Committee Announcement June 8, | NBER
Do dish: How has the recession affected your dating life — and your dates? A begowned pre-Madge Madge channels Marilyn Monroe, is plied with diamonds by a dancing troupe of tuxedoed beefcakes, and ends up getting wooed by a man played by Keith Carradine proffering daisies and a lift in a dusty pick-up truck. Madonna, in her own way, could have been offering tips about how to date in a recession: Keep it simple. Recent anecdotal evidence suggests that people are not dating less because of the recession; instead, online dating sites are reporting double-digit growth in use. Love, it seems, blooms in hard times. They have a heightened desire to connect. Plenty of people believe in going dutch on dates anyway, and there are certainly ample suggestions out there on how to date for less.
How Has the Recession Affected Dating?
Assuming recently released economic data and projections for the U. It is not in the forecasting business. Its role is to provide historical context. In the time since its creation in , the BCDC has formally announced the business-cycle peak anywhere from five to 11 months after the fact. Announcements of the trough month also come well after the fact: anywhere from nine to 21 months.
By Jeanna Smialek. A recession begins when the economy reaches a peak of activity and ends when it reaches its trough. This downturn is the first since , when the last recession ended, and marks the end of the longest expansion — months — in records dating back to Most economists expect this recession to be both particularly deep and exceptionally short, perhaps just a few months, as states reopen and economic activity resumes.