Compilation of announcements of recessions and recoveries by the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER). "The committee maintains a chronology of the beginning and ending dates ... of U.S. recessions." Covers data back to 1854, including the Dec. 1, 2008, announcement "that a peak in economic activity occurred in the U.S. economy in December 2007. The peak marks ... the beginning of a recession." Also provides a FAQ.