The National Bureau of Economic Research (NBER)

The National Bureau of Economic Research (NBER) is a private, nonprofit organization dedicated to conducting economic research and providing data to policymakers, academics, and the public. Founded in 1920, it analyzes economic trends, business cycles, and other key factors influencing the economy. Its primary role is to identify periods of recession and recovery in the U.S. economy, offering authoritative, data-driven insights that help inform economic policy and understanding. The NBER's work is respected for its rigorous analysis and contributes significantly to understanding how the economy functions over time.