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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: StanX Long who wrote (55498)	11/14/2001 3:28:36 AM
From: StanX Long	Read Replies (1) \| Respond to of 70976

November 14, 2001 Start of Recession Thought to Be in March By LOUIS UCHITELLE nytimes.com The six economists who determine when recessions officially begin and end have publicly mentioned March for the first time as the month in which the longest economic expansion in American history "possibly" ended and the current recession "possibly" began. March 2001 appeared yesterday in a memo signed by the six economists and posted on the Web site of the National Bureau of Economic Research, a nonprofit research organization in Cambridge, Mass., that has gained over the years the final say in dating business cycles. "I would not be surprised to see March chosen as the peak month of the last expansion and thus that makes March the first month of the ongoing recession," said Robert Gordon, a Northwestern University economist and a member of the Bureau's Business Cycle Dating Committee.