Capital Comments

How Do We Know If a Recession Has Started?


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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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Capital CommentsBy Purdue Agriculture

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