The October update of this U.S. business cycle model shows a 15.2 percent probability that the U.S. economy was in a recession in August 2012. (Equivalently, the model shows an 84.8 percent probability that the economy was in an expansion then.)
The October update of this U.S. business cycle model shows a 15.2 percent probability that the U.S. economy was in a recession in August 2012. (Equivalently, the model shows an 84.8 percent probability that the economy was in an expansion then.)