What is a recession? How is a recession typically defined in terms of GDP?

The orthogonality tests suggest that the SPF efficiently use all their information set but could gain if the FOMC minutes were published without a lag, while ... Feb 15, 2025 ... The data this week shows that the economy remains strong. Consumers are in good shape, and year-over-year retail sales show steady growth. Jan 30, 2017 ... This 2016 Article IV Consultation highlights that Spain's economy has continued its recovery. Real GDP expanded by 3.2 percent in 2015 with ... Jan 28, 2025 ... To measure momentum, we combine a measure of private final demand in the economy with the Philadelphia Fed's data on coincident economic ... Apr 1, 2021 ... ... economic indicator, we also add to the discus- sion on the usefulness of high-frequency data for predicting GDP growth. The literature has ... Feb 10, 2022 ... The COVID-19 pandemic and resulting economic fallout caused significant hardship. In the early months of the crisis, tens of millions of people lost their jobs. We estimate our collapsed dynamic factor model for our new activity index using data on quarterly US real GDP growth and a panel of 500 monthly time series. Apr 27, 2023 ... Powered by the global economy's digital transformation, countries and people in many ways are growing closer together. Few of the conveniences ... The State Data Center has provided access and education on Census Bureau data and products as well as other statistical resources to millions of data users. May 30, 2024 ... As we're halfway through the year, have we seen the lagged effects of monetary policy in economic data? The Federal Reserve began hiking ...