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State and Local Governments: Knowledge of Past Recessions Can Inform Future Federal Fiscal Assistance

State and Local Governments: Knowledge of Past Recessions Can Inform Future Federal Fiscal Assistance( )
Author: Government Accountability Office, Government Accountability
ISBN:978-1-4921-8277-1
Publication Date:Aug 2013
Publisher:CreateSpace Independent Publishing Platform
Book Format:Paperback
List Price:USD $15.99
Book Description:

Recessions mark a distinct phase of the overall business cycle, beginning with a business cycle "peak" and ending with a business cycle "trough." Between trough and peak the economy is in an expansion. The National Bureau of Economic Research (NBER) identifies dates for national recessions, which can vary in overall duration and magnitude.7 While NBER sets dates for the peaks and troughs of national recessions, no dates are set for turning points in state economies. State economic...
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Book Details
Pages:70
Physical Dimensions (W X L X H):8.5 x 11 x 0.16 Inches
Book Weight:0.52 Pounds

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