Friday, August 13, 2021

The 2020 recession is over at last

I noticed last night that the FRED graphs no longer come with a note about the most recent recession not being officially terminated.

What I noticed first was how narrow the 2020 recession bar is:

Graph #1


This isn't exactly "new" news, I see:




The dates they give at FRED:

Recession start: 2020-02-01

Recession end: 2020-04-01

It was two months long. That's gotta be a record for short recessions.

So much for the "two consecutive quarters" thing.


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