NBER based Recession Indicators for the United States from the Peak through the Trough
This dataset tracks nber based recession indicators for the united states from the peak through the trough over time.
Latest Value
0.00
Year-over-Year Change
N/A%
Date Range
12/1/1854 - 8/5/2025
Summary
The NBER based Recession Indicators for the United States from the Peak through the Trough trend tracks the official business cycle recessions as determined by the National Bureau of Economic Research (NBER). It is a key economic indicator for analyzing economic performance and informing policy decisions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the duration of U.S. recessions, from the peak of economic activity to the subsequent trough. It is a widely-referenced measure used by economists, policymakers, and analysts to understand the severity and timing of recessionary periods.
Methodology
The NBER, a non-profit research organization, officially determines the start and end dates of U.S. recessions based on a range of economic indicators.
Historical Context
Recession data informs monetary and fiscal policy responses, market analysis, and economic forecasting.
Key Facts
- The NBER has identified 33 recessions since 1857.
- The longest U.S. recession on record was the Great Depression, lasting 43 months.
- The most recent recession began in February 2020 and ended in April 2020.
FAQs
Q: What does this economic trend measure?
A: The NBER based Recession Indicators for the United States from the Peak through the Trough trend tracks the official business cycle recessions as determined by the National Bureau of Economic Research (NBER).
Q: Why is this trend relevant for users or analysts?
A: This recession data is a widely-referenced measure used by economists, policymakers, and analysts to understand the severity and timing of recessionary periods in the U.S. economy.
Q: How is this data collected or calculated?
A: The NBER, a non-profit research organization, officially determines the start and end dates of U.S. recessions based on a range of economic indicators.
Q: How is this trend used in economic policy?
A: Recession data informs monetary and fiscal policy responses, market analysis, and economic forecasting by governments, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The NBER takes time to officially declare the beginning and end of recessions, so there may be a lag in the availability of the most recent data.
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Citation
U.S. Federal Reserve, NBER based Recession Indicators for the United States from the Peak through the Trough (USRECDM), retrieved from FRED.