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Us Historical Probs 2-1-10
Us Historical Probs 2-1-10
Recession Probabilities
June 1967 – November 2009
1.0
0.8
0.6
0.4
0.2
0.0
1970 1975 1980 1985 1990 1995 2000 2005
Notes: These probabilities were generated using monthly data on non-farm payroll
employment, industrial production, real personal income excluding transfer payments,
and real manufacturing and trade sales. All data was obtained on February 1, 2009.
Shaded areas indicate NBER recession dating.