Paul Krugman @paulkrugman
Really really nerdy slight correction: most countries use the two-quarter definition, but in the US a recession is whatever the NBER business cycle dating committee calls a recession; it's a data-based judgment call, not a rigid rule. But it's never just two months — PolitiTweet.org
John Harwood @JohnJHarwood
btw it’s not possible for a recession to last only two months recession = economy shrinks for two quarters
