us_recessions: US business us_recessions.

us_recessionsR Documentation

US business us_recessions.

Description

A dataset containing the US business cycle expansions and contractions from 1857 forward

Usage

us_recessions

Format

A data frame where each row represents the and 5 variables:

peak

date economic activity peaked

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

https://www.nber.org/research/business-cycle-dating/business-cycle-dating-procedure-frequently-asked-questions


RobWiederstein/econdash documentation built on Oct. 2, 2022, 3:42 a.m.