From National Bureau of Economic Research:
The Business Cycle Dating Committee of the National Bureau of Economic Research maintains a chronology of the peaks and troughs of the US business cycle. The committee has determined that the U.S. economy will experience a monthly low in economic activity in April 2020. The previous peak of economic activity occurred in February 2020. The recession lasted for two months, which made it the shortest recession in the history of the United States.
This is the result graph (monthly) showing some key indicators:
figure 1: The number of non-agricultural employment released in June (dark blue), Bloomberg’s consensus on the number of non-agricultural employment in July (light blue+), industrial production (red) as of July 16th, excluding 2012 Ch.2012 Trade sales of $ (black), consumption of Ch.2012$ (light blue), and monthly GDP of Ch.2012$ (pink), all logarithms are normalized to 2020M02=0. Source: BLS, Federal Reserve, BEA, calculated by FRED, IHS Markit (nee Macroeconomic Advisers) (released 7/1/2021), NBER and author.
European Resource Institute Put the monthly peak in December 2017 and the trough in April 2020.
For quarterly data, the peak is in the fourth quarter of 2019 and the bottom is in the second quarter of 2020.
figure 2: GDP (blue) and GDI (red), both in billion U.S. dollars Ch.2012$, SAAR. The NBER decline date is shaded in gray. Source: BEA, 2021Q1 third edition, NBER.
For chronology of other countries, see this postal.
