Wednesday, December 9, 2009
Personal Income Less Transfer Payments
So the 3rd quarter of 2009 was the start of the recovery, with a positive GDP that has been revised down once so far...looking at previous recessions and the call by NBER (using their quarterly dates) for the start and end of recessions, unless the private income less transfer payments starts seriously ticking up on on a year over year basis - that call may be awhile in coming...
BEA NIPA Tables - Section 2 Table 2.1 is the one you want
NBER Recession Dates