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“The committee has determined that a peak in monthly economic activity occurred in the U.S. economy in February 2020. The peak marks the end of the expansion that began in June 2009 and the beginning of a recession, said NBER in a statement. (Image: Shutterstock)

The National Bureau of Economic Research, the date-keeper for U.S. business cycles, has declared February 2020 as the official end of the U.S. economic expansion and beginning of the current recession.

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