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    USREC

    NBER based Recession Indicators for the United States from the Period following the Peak through the Trough — Current Value & Historical Data

    +1 or 0MonthlyNot Seasonally Adjusted
    FRED
    Current Value
    0
    +1 or 0
    As of May 1, 2026
    Feb 63Jul 74Feb 86Jul 97Jan 09Jul 20Jul 31Jan 43Jul 54Feb 66Dec 77Oct 89Aug 01Feb 13May 2600.250.50.751+1 or 0

    Gray bands: NBER recessions

    What is NBER based Recession Indicators for the United States from the Period following the Peak through the Trough?

    This time series is an interpretation of US Business Cycle Expansions and Contractions data provided by The National Bureau of Economic Research (NBER).

    Current NBER based Recession Indicators for the United States from the Period following the Peak through the Trough Value

    As of May 1, 2026, the current nber based recession indicators for the united states from the period following the peak through the trough is 0.00 +1 or 0. This is the most recent observation available for this series, updated monthly.

    Historical Trend

    In the series' tracked history, the highest recorded value was 1.00 (December 1854), and the lowest was 0.00 (January 1855).

    Methodology & Source

    Source: Federal Reserve Economic Data (FRED)

    Frequency: Monthly

    Units: +1 or 0

    Notes:

    This time series is an interpretation of US Business Cycle Expansions and Contractions data provided by The National Bureau of Economic Research (http://www.nber.org/cycles/cyclesmain.html) (NBER). Our time series is composed of dummy variables that represent periods of expansion and recession. The ...

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