At its meeting, the committee determined that a trough in business activity occurred in the U. The trough marks the end of the recession that began in December and the beginning of an expansion. The recession lasted 18 months, which makes it the longest of any recession since World War II. Previously the longest postwar recessions were those of and , both of which lasted 16 months. In determining that a trough occurred in June , the committee did not conclude that economic conditions since that month have been favorable or that the economy has returned to operating at normal capacity. Rather, the committee determined only that the recession ended and a recovery began in that month. A recession is a period of falling economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. The trough marks the end of the declining phase and the start of the rising phase of the business cycle. Economic activity is typically below normal in the early stages of an expansion, and it sometimes remains so well into the expansion.

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Online dating use among to year-olds has also risen substantially since the last Pew Research Center survey on the topic. One factor behind the substantial growth among younger adults is their use of mobile dating apps. But it still means that one-third of online daters have not yet met up in real life with someone they initially found on an online dating site.

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The committee noted that in the most recent data, for the second quarter of , the average of real GDP and real GDI was 3.

Business Cycle Dating Committee, National Bureau of Economic Research

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“So I Tried Online Dating…” – Real Talk With Rach – Episode 18