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The chronology comprises alternating dates of peaks and troughs in economic activity.

During a recession, a significant decline in economic activity spreads across the economy and can last from a few months to more than a year.

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Still, a well-defined peak or trough in real sales or IP might help to determine the overall peak or trough dates, particularly if the economy-wide indicators are in conflict or do not have well-defined peaks or troughs.

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Similarly, during an expansion, economic activity rises substantially, spreads across the economy, and usually lasts for several years.

In both recessions and expansions, brief reversals in economic activity may occur-a recession may include a short period of expansion followed by further decline; an expansion may include a short period of contraction followed by further growth.

It examines and compares the behavior of various measures of broad activity: real GDP measured on the product and income sides, economy-wide employment, and real income.We want to give you the best chance for a long and happy relationship.The NBER's Business Cycle Dating Committee maintains a chronology of the U. A recession is a period between a peak and a trough, and an expansion is a period between a trough and a peak.The perfect match for you could be living round the corner - you just haven't had the chance to meet them yet.Online dating has helped introduce thousands of compatible singles, so why not give our free dating offer a try today?




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