The NBER (National Bureau of Economic Research) is the organization in charge of dating recessions and expansions in the US economy, so when the official announcement is made that the most recent recession is officially over, it will come from the NBER. Interestingly, over the weekend, the organization revamped its website for the first time in several years. While companies change their websites for multiple (and often insignificant) reasons, many revamps are often timed to coincide with major events. With most investors and economists agreeing that the economy has seen its trough (probably in June or July), we wonder if the NBER's website update was put in place ahead of an announcement from them that the recession is over?
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