This index measures the probability that the U.S. economy was in a recession during the indicated quarter. It is based on a mathematical description of the way that recessions differ from expansions. The index corresponds to the probability (measured in percent) that the underlying true economic regime is one of recession based on the available data. Whereas the NBER business cycle dates are based on a subjective assessment of a variety of indicators that may not be released until several years after the event, this index is entirely mechanical, is based solely on currently available GDP data and is reported every quarter. Due to the possibility of data revisions and the challenges in accurately identifying the business cycle phase, the index is calculated for the quarter just preceding the most recently available GDP numbers. Once the index is calculated for that quarter, it is never subsequently revised. The value at every date was inferred using only data that were available one quarter after that date and as those data were reported at the time. If the value of the index rises above 67% that is a historically reliable indicator that the economy has entered a recession. Once this threshold has been passed, if it falls below 33% that is a reliable indicator that the recession is over. For more information about this series visit http://econbrowser.com/recession-index.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
BEA Account Code: A646RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A253RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: B656RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: DPCERJ For more information about this series, please see http://www.bea.gov/national/.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Consists of utilities; wholesale trade; retail trade; transportation and warehousing; information; finance, insurance, real estate, rental, and leasing; professional and business services; educational services, health care, and social assistance; arts, entertainment, recreation, accommodation, and food services; and other services, except government. Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Consists of agriculture, forestry, fishing, and hunting; mining; construction; and manufacturing. Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
BEA Account Code: A020RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A019RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A255RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: DNDGRJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A014RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: Y033RS For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A825RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: DDURRJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A823RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: DGDSRJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: Y033RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A011RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A824RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A021RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: Y020RS For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: Y006RS For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A006RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: Y001RS For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: DSERRJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: B010RJ2 For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A008RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A829RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: Y001RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: Y034RS For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: B009RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A822RJ For more information about this series, please see http://www.bea.gov/national/.
BEA Account Code: A007RJ For more information about this series, please see http://www.bea.gov/national/.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.
Value added represents the sum of the costs-incurred and the incomes-earned in production, and consists of compensation of employees, taxes on production and imports, less subsidies, and gross operating surplus.