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Definitional Indicators of Recession

Lakshman Achuthan speaks with Larry Kudlow, who knew ECRI founder, Geoffrey H. Moore. They discuss how many of the indicators used to define official U.S. recession dates (for almost a century) have been falling since mid-year.

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The Tell-Tale Chart

ECRI December 7, 2012

Reviewing the indicators used to officially decide U.S. recession dates, it looks like the recession began around July 2012. More