The Official Economic Indicators Are Showing Early Signs Of Contraction

The Official Economic Indicators Are Showing Early Signs Of Contraction

by Doug Short

Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which they base their decisions. This committee statement is about as close as they get to identifying their method.http://www.businessinsider.com/the-big-four-economic-indicators-2012-10?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+businessinsider+%28Business+Insider%29