So, what’s going on when you start to feel like this?
How can you tell if your relationship is going through natural changes or facing serious problems?
A: Most of the recessions identified by our procedures do consist of two or more quarters of declining real GDP, but not all of them.
In 2001, for example, the recession did not include two consecutive quarters of decline in real GDP.
Q: The financial press often states the definition of a recession as two consecutive quarters of decline in real GDP.
How does that relate to the NBER's recession dating procedure?
the PFM date has always been the EFM date after March 20 (which was the equinox date in 325 A. One additional February 29 date will need to be removed in about 4140 A.