Title: All About the Business Cycle: Where Do Recessions Come From?
Course: Indiana Economics Sample Syllabus > Section: Unit 5: National Economic Performance

What constitutes a recession? Two quarters of negative real GDP growth? Well, most of the time that “rule of thumb” definition works, but not always. The NBER Business Cycle Dating Committee has a more nuanced way of determining what a recession is. This essay discusses where recessions come from, how they are determined, and how they end.