The NBER's recession data between roughly 1850 and 1950 is somewhere between flawed and unusable, George Selgin, an economist and a senior fellow at the libertarian think tank the Cato Ins...
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This raises a series of questions: Are US recessions, in fact, much less common than they used to be? If so, who or what is responsible for this improvement? And if not, what's gone wrong? After all, economists told BI that the US's diversifying economy and improving economic data should have made the US more resistant to recessions than perhaps ever before. Recessions might not be less common It's possible that NBER worked with subpar data but generally was able to identify when the US entered a recession. However, Selgin said alternative analyses of historical economic data have found that the US hasn't seen much of a decline in recession frequency over time. Selgin pointed to a research paper published in 2005 by Joseph H. Davis, now the global chief economist at Vanguard, as the "most reliable" source of recession data he's seen. Davis's research put more emphasis on economic output and employment and less on prices, which can tell a misleading story, Selgin said. For e
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News
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SPGI
Earnings
- 4/26/24 - Miss
SPGI
Sec Filings
- 5/17/24 - Form 4
- 5/15/24 - Form 144
- 5/6/24 - Form 8-K
- SPGI's page on the SEC website