In the Media

Prof. James Poterba speaks with Washington Post reporter Jeff Stein about his work with the National Bureau of Economic Research’s Business Cycle Dating Committee in determining if a recession is underway in the U.S. “By far, the most important thing to try to convey is that the committee is not trying to do real-time dating of whether we’re in a recession,” said Poterba. “There’s often enormous amount of interest in that question and what many people are hoping for, but the committee’s task is to create a consistent historical record of the turning points — the peaks and the troughs in the U.S. economy.”