The dates of the "official" peaks and troughs of business cycles in the United States are determined by the:

Question

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The National Bureau of Economic Research (NBER) determines the dates of peaks and troughs of business cycles in the United States. The NBER is a private, non-profit organization that has been recognized as the official arbiter of U.S. recessions since 1929. The Federal Reserve, Congressional Budget Office, and Council of Economic Advisers may analyze and provide input on the state of the economy, but they do not have the authority to officially declare the beginning or end of a recession or expansion.

The Dates of the "Official" Peaks and Troughs of Business