Lately commentators have been trying to predict the next recession. But what would you look at to try and tell for yourself what the numbers are? In this episode Derek Moore reviews the 5 areas that the NBER per their site uses to develop their criteria to call recessions.    What is a recession? NBER historical list of recessions Real GDP Growth Rate Real Median Income Growth in the U.S.  Unemployment Rate Retail Sales Monthly Growth Rate Industrial Production Index Real versus Nominal Growth Rates   Mentioned  in  this  Episode:   Federal Reserve Bank of Atlanta GDP Now Forecast https://www.frbatlanta.org/cqer/research/gdpnow.aspx   United States Real GDP Growth Rate https://tradingeconomics.com/united-states/gdp-growth   United States Inflation Rate https://tradingeconomics.com/united-states/inflation-cpi   Federal Reserve Bank of St. Louis FRED Retail Sales Monthly growth rate https://fred.stlouisfed.org/series/RETAILMPCSMSA   US Annual Median Real Wage Levels https://fred.stlouisfed.org/series/MEHOINUSA672N   US Real Median Personal Income Levels https://fred.stlouisfed.org/series/MEPAINUSA672N   US Civilian Unemployment Rate https://fred.stlouisfed.org/series/UNRATE   US Industrial Production Index https://fred.stlouisfed.org/series/INDPRO   Atlanta Fed Real Wage Growth Tracker (more updates)  https://www.frbatlanta.org/chcs/wage-growth-tracker.aspx   Atlanta Fed Real Wage Growth by Job Switcher and Job Stayer https://www.frbatlanta.org/chcs/wage-growth-tracker.aspx   Book: Broken Pie Chart https://amzn.to/31oy1hE   Razor Wealth Management www.razorwealth.com

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