How Do We Know If a Recession Has Started?
Aug 29, 2024•6 min
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Episode description
How do we know if a recession has started? Sometimes it’s obvious. In March 2020 during the pandemic emergency, weekly applications for unemployment insurance jumped from 200,000 to 6 million. There was no doubt we were in a recession. More often, it’s hard to know if a recession has begun. Ag Economist, Larry Deboer, explains.
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