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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