13. Are We In A Recession? What and WHO Defines a Recession?

Do you know how to spot if we're in a recession? We're back from a little break in our cycle, and speaking of cycles, in episode 13, we're talking about periods of economic growth and contraction and the turning points in the economy as defined by the NBER (National Bureau of Economic Research) - a non-profit and bi-partisan, private research organization. This is called the business cycle, and it's very similar to another kind of cycle you might be familiar with... "The business cycle ...