Business Cycle Dating Committee

The Business Cycle Dating Committee is a group of economists that identifies and marks the official beginning and end of economic expansions (growth periods) and recessions (contractions) in the economy. They analyze economic data like GDP, employment, and production to determine these turning points, helping policymakers, businesses, and analysts understand the economy’s current phase. Their work provides a clear, standardized timeline for economic fluctuations, aiding in informed decision-making and research.