What Makes a Recession Different?

The n b e r is the one that actually declares recessions. A really unique, interesting thing was declared in 20 20 as we were coming through the cove a down turn. The things that start them are different. We have this inflation issue that just seems like it's getting out of hand. M you can sense it, but at the gas pump, you cansense it. With housing prices, there's a lot of things. Even the c p i, of what the government releases us shows that wereee right under nine %,. which is extremely high from historical perspectives.