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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (437809)12/3/2008 1:07:45 PM
From: Joe NYC  Read Replies (3) | Respond to of 1575375
 
Tenchusatsu,

They have already stated that they use other indicators besides negative GDP growth. Ultimately, though, they came to a conclusion based on a conference call by their "cycle dating committee."

So it is just a consensus opinion of a self selected group of individuals...

Joe



To: Tenchusatsu who wrote (437809)12/3/2008 11:33:18 PM
From: tejek  Read Replies (1) | Respond to of 1575375
 
Joe, > What is National Bureau of Economic Research, and what are their criteria?

They are a private, non-profit research organization. You can Google them if you want.

They have already stated that they use other indicators besides negative GDP growth. Ultimately, though, they came to a conclusion based on a conference call by their "cycle dating committee."


Uh.....you too don't believe we are in a recession as well? Interesting. I guess you, joe and inode are consistent.