Business Cycle Dating Committee
E363979
The Business Cycle Dating Committee is a panel of economists that officially determines the dates of recessions and expansions in the U.S. economy.
All labels observed (2)
| Label | Occurrences |
|---|---|
| Business Cycle Dating Committee canonical | 1 |
| U.S. National Bureau of Economic Research business cycle chronology | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T3504931 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Business Cycle Dating Committee Context triple: [National Bureau of Economic Research, hasCommittee, Business Cycle Dating Committee]
-
A.
Business Cycles in the United States of America, 1919–1932
"Business Cycles in the United States of America, 1919–1932" is an influential econometric study by Jan Tinbergen that analyzes and models U.S. economic fluctuations during the interwar period.
-
B.
A Contribution to the Theory of the Trade Cycle
A Contribution to the Theory of the Trade Cycle is an influential economic work by John R. Hicks that develops a formal model to explain the causes and dynamics of business cycles.
-
C.
Prices and Production
Prices and Production is a seminal economic work by Friedrich Hayek that develops his theory of the business cycle and the role of monetary disturbances in causing economic fluctuations.
-
D.
Outlook for Economic Activity and Prices
Outlook for Economic Activity and Prices is the Bank of Japan’s flagship semiannual report that presents its forecasts and assessments of Japan’s economic growth and inflation.
-
E.
Business Cycles
Business Cycles is an influential economic work by Joseph Schumpeter that analyzes the causes, patterns, and dynamics of capitalist economic fluctuations over time.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Business Cycle Dating Committee Target entity description: The Business Cycle Dating Committee is a panel of economists that officially determines the dates of recessions and expansions in the U.S. economy.
-
A.
Business Cycles in the United States of America, 1919–1932
"Business Cycles in the United States of America, 1919–1932" is an influential econometric study by Jan Tinbergen that analyzes and models U.S. economic fluctuations during the interwar period.
-
B.
A Contribution to the Theory of the Trade Cycle
A Contribution to the Theory of the Trade Cycle is an influential economic work by John R. Hicks that develops a formal model to explain the causes and dynamics of business cycles.
-
C.
Prices and Production
Prices and Production is a seminal economic work by Friedrich Hayek that develops his theory of the business cycle and the role of monetary disturbances in causing economic fluctuations.
-
D.
Outlook for Economic Activity and Prices
Outlook for Economic Activity and Prices is the Bank of Japan’s flagship semiannual report that presents its forecasts and assessments of Japan’s economic growth and inflation.
-
E.
Business Cycles
Business Cycles is an influential economic work by Joseph Schumpeter that analyzes the causes, patterns, and dynamics of capitalist economic fluctuations over time.
- F. None of above. chosen
Statements (45)
| Predicate | Object |
|---|---|
| instanceOf |
economic committee
ⓘ
expert panel ⓘ |
| abbreviation | BCDC ⓘ |
| announces | business cycle turning points with a lag after they occur ⓘ |
| appointedBy | National Bureau of Economic Research president ⓘ |
| composition |
academic economists
ⓘ
macroeconomic researchers ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| dataFrequency |
monthly data
ⓘ
quarterly data ⓘ |
| decisionBasis |
depth of decline in activity
ⓘ
diffusion of decline across the economy ⓘ duration of decline ⓘ |
| defines |
business cycle peak dates
ⓘ
business cycle trough dates ⓘ expansion dates ⓘ recession dates ⓘ |
| definitionOfExpansion | the period between a trough and the next peak in economic activity ⓘ |
| definitionOfRecession | a significant decline in economic activity spread across the economy, lasting more than a few months ⓘ |
| doesNotUse | simple rule based solely on two consecutive quarters of negative real GDP growth ⓘ |
| field |
business cycle analysis
ⓘ
economic history ⓘ macroeconomics ⓘ |
| influences |
policy discussion about economic downturns
ⓘ
public understanding of recessions ⓘ |
| jurisdiction | U.S. economy ⓘ |
| language | English ⓘ |
| locatedIn | Cambridge, Massachusetts ⓘ |
| method |
analysis of a range of monthly and quarterly economic indicators
ⓘ
consensus decision-making among members ⓘ |
| nonGovernmental | true ⓘ |
| nonStatutoryAuthority | true ⓘ |
| output | official U.S. business cycle chronology ⓘ |
| parentOrganization | National Bureau of Economic Research ⓘ |
| purpose |
to determine the dates of U.S. business cycle peaks and troughs
ⓘ
to provide an official chronology of U.S. recessions and expansions ⓘ |
| scope | national business cycle chronology for the United States ⓘ |
| sector | nonprofit research sector ⓘ |
| usesIndicator |
industrial production
ⓘ
nonfarm payroll employment ⓘ real gross domestic income ⓘ real gross domestic product ⓘ real manufacturing and trade sales ⓘ real personal income less transfers ⓘ |
| website | https://www.nber.org/research/business-cycle-dating ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Business Cycle Dating Committee Description of subject: The Business Cycle Dating Committee is a panel of economists that officially determines the dates of recessions and expansions in the U.S. economy.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
U.S. National Bureau of Economic Research business cycle chronology