2010

October 2010: Percent of Leaders Expanding Remains at 100; Cyclical Score of Leaders Decreases to 88 In November 2009, AIER told readers that the recession was probably over. Two […]

October 2010: Percent of Leaders Expanding Remains at 100; Cyclical Score of Leaders Decreases to 88

In November 2009, AIER told readers that the recession was probably over. Two weeks ago, after analyzing additional data and data revisions, the National Bureau of Economic Research confirmed our conclusion. According to the NBER, the non-governmental body that officially dates U.S. business cycles, the recession ended in June 2009, 18 months after it began. This makes it the longest recession dated by the NBER since World War II.