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15-Dec-2019 12:55

Quarters of recession are indicated in grey, and quarters of expansion in white in the figure below.The source spreadsheet of this chronology is available here.

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It shows a recession from the quarter following the peak through the quarter of the trough (i.e. See Methodology Does CEPR use a different approach to NBER?See The CEPR and NBER Approaches What data does the Committee use?Findings Methodology Data sources FAQs The CEPR Euro Area Business Cycle Dating Committee, which is composed of nine CEPR researchers, establishes the chronology of recessions and expansions of the eleven-original euro-area member countries plus Greece for 1970-1998, and of the entire euro area from 1999 onwards.

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The Committee released its new findings in August 2017.The recession shading data that we provide initially comes from the source as a list of dates that are either an economic peak or trough.



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