R/data_cycles.R

#' US business us_recessions.
#'
#' A dataset containing the US business cycle expansions and contractions from 1857 forward
#'
#' @format A data frame where each row represents the  and 5 variables:
#'
#' \describe{
#'   \item{peak}{date economic activity peaked}
#'   \item{trough}{date economic activity reached its lowest point}
#' }
#'
#' @details The NBER’s Business Cycle Dating Committee maintains a chronology
#' of US business us_recessions. The chronology identifies the dates of peak and
#' trough months in economic activity. The peak is the month in which a
#' variety of economic indicators reach their highest level, followed by
#' a significant decline in economic activity. Similarly, a month is
#' designated as a trough when economic activity reaches a low point and
#' begins to rise again for a sustained period.
#'
#' @source \url{https://www.nber.org/research/business-cycle-dating/business-cycle-dating-procedure-frequently-asked-questions}
"us_recessions"
RobWiederstein/econDash documentation built on Oct. 2, 2022, 3:42 a.m.