1min chapter

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Recession referees

Planet Money

CHAPTER

Is March the Month of the Recession?

There is still some real economic substance in deciding, well, that that recession begin in february? Was it perhaps in march? Was it not quite until so this is where things are more subjective and people have different opinions more often. Some people use monthly economic data and other people use quarterly economic data. Whether quarterly g d p is positive or negative will depend on the magnitudes. If march was bad, but not enough to eat all of january and february's gains, then you have an awkward problem. This is the stuff of business cycle dating drama.

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