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NBER stands for the National Bureau of Economic Research. This is an American, not-for-profit organisation which researches the social science of economics.

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NBER stands for the National Bureau of Economic Research. This is an American, not-for-profit organisation which researches the social science of economics.

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76

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It starts depending on the school.

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The most recent turning point identified by the NBER was November 2001, marking the end of the recession that started in March 2001 and inaugurating an expansion.

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There was no recession in 1998. See the NBER website for US data.

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