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The NBER's Business Cycle Dating Committee maintains a chronology of the U. A recession is a period between a peak and a trough, and an expansion is a period between a trough and a peak. The chronology comprises alternating dates of peaks and troughs in economic activity.In dating, the smartest thing you can do is to find a partner who has good self-esteem.

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The Committee also may consider indicators that do not cover the entire economy, such as real sales and the Federal Reserve's index of industrial production (IP).

—she took Maack to Reem Acra, where Britany got fitted for her custom hand-embroidered silk-taffeta wedding gown and Taylor for the blush-pink, cap-sleeved chiffon maid-of-honor dress that she has on today (the fitting was also Instagrammed, naturally).

Swift has even known the groom, Benjamin La Manna, since kindergarten—she admits to having had a little crush on Ben way back then, when he was “that kid who sat next to me in class with the bowl cut and the Lego lunch box.”Swift hasn’t been to Reading in more than a decade; she was fourteen when she moved with her family to Nashville, on her way to becoming a celebrated country singer-songwriter and later blossoming into one of the biggest pop acts in music history.

In both recessions and expansions, brief reversals in economic activity may occur-a recession may include a short period of expansion followed by further decline; an expansion may include a short period of contraction followed by further growth.

The Committee applies its judgment based on the above definitions of recessions and expansions and has no fixed rule to determine whether a contraction is only a short interruption of an expansion, or an expansion is only a short interruption of a contraction.

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