Topic: US Business Cycle Expansions and Contractions

The NBER does not define a recession in terms of two consecutive quarters of decline in real GDP. Rather, a recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

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Dendrochronology - Wikipedia Dendrochronology (or tree-ring dating) is the scientific method of dating tree rings (also called growth rings) to the exact year they were formed in order to analyze atmospheric conditions during different periods in history.. Dendrochronology is useful for determining the timing of events and rates of change in the environment (most prominently climate) and also in works of art and.

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