NBER based Recession Indicators for the United States from the Peak through the Period preceding the Trough

USRECDP • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

11/10/2022 - 8/5/2025

Summary

The NBER based Recession Indicators for the United States from the Peak through the Period preceding the Trough tracks the duration of U.S. economic recessions as defined by the National Bureau of Economic Research (NBER).

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 period from the peak of an economic expansion to the trough, indicating the start and end dates of a recession as determined by the NBER. It is a key indicator used by economists and policymakers to analyze business cycles and inform economic policies.

Methodology

The NBER defines recessions based on a comprehensive assessment of economic indicators and data.

Historical Context

This trend is closely monitored by policymakers, investors, and analysts to understand the state of the U.S. economy and inform decision-making.

Key Facts

  • The NBER defines a recession as a significant decline in economic activity.
  • Recessions typically last several months to a year or more.
  • The USRECDP series dates back to 1854.

FAQs

Q: What does this economic trend measure?

A: The USRECDP series tracks the duration of U.S. economic recessions as defined by the National Bureau of Economic Research (NBER).

Q: Why is this trend relevant for users or analysts?

A: This trend is a key indicator used by economists and policymakers to analyze business cycles and inform economic policies.

Q: How is this data collected or calculated?

A: The NBER defines recessions based on a comprehensive assessment of economic indicators and data.

Q: How is this trend used in economic policy?

A: This trend is closely monitored by policymakers, investors, and analysts to understand the state of the U.S. economy and inform decision-making.

Q: Are there update delays or limitations?

A: The USRECDP series is updated regularly by the Federal Reserve, but there may be some delays in reporting due to the comprehensive assessment process used by the NBER.

Related Trends

Citation

U.S. Federal Reserve, NBER based Recession Indicators for the United States from the Peak through the Period preceding the Trough (USRECDP), retrieved from FRED.