When Is the Economy in a Recession?. / John Miller.
by Miller, John; SIRS Publishing, Inc.
Material type:
BookSeries: SIRS Enduring Issues 2002Article 13Business. Publisher: Dollars and Sense, 2001ISSN: 1522-3191;.Subject(s): Economic forecasting | Recessions | United States -- Economic conditionsDDC classification: 050 Summary: "Radical economists, according to an old joke, have successfully predicted ten of the last two recessions to hit the U.S. economy. But we're not the only ones predicting that the current economic expansion will end in recession before the end of the year [2001]. In March, the Economic Cycle Research Institute...concluded that a recession was 'no longer avoidable.' The last time the Institute made such a call was February 6, 1990--just before the economy last plunged into recession." (DOLLARS AND SENSE) This article explains how difficult it is to track and identify a recession.
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High School - old - to delete | REF SIRS (Browse shelf) | Available |
Articles Contained in SIRS Enduring Issues 2002.
Originally Published: When Is the Economy in a Recession?, July/Aug. 2001; pp. 10+.
"Radical economists, according to an old joke, have successfully predicted ten of the last two recessions to hit the U.S. economy. But we're not the only ones predicting that the current economic expansion will end in recession before the end of the year [2001]. In March, the Economic Cycle Research Institute...concluded that a recession was 'no longer avoidable.' The last time the Institute made such a call was February 6, 1990--just before the economy last plunged into recession." (DOLLARS AND SENSE) This article explains how difficult it is to track and identify a recession.
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