# National Bureau of Economic Research
Who / What
The **National Bureau of Economic Research (NBER)** is an American private nonprofit research organization dedicated to conducting and disseminating unbiased economic research. It serves as a bridge between academic economists, policymakers, and business professionals by providing data-driven insights on economic trends.
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Background & History
Founded in 1920 during the Great Depression, the NBER was established to analyze economic fluctuations and their causes. Initially created as an independent entity, it later became affiliated with Harvard University. Over decades, it has grown into a leading institution for macroeconomic research, particularly in identifying recession start and end dates.
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Why Notable
The NBER is renowned for its role in shaping economic policy discussions by publishing influential studies on labor markets, business cycles, and public finance. Its work has influenced key economic advisors, including past chairs of the Council of Economic Advisers, and remains a trusted source for economists worldwide.
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In the News
While not frequently in mainstream headlines, the NBER continues to influence economic policy debates through its annual reports on recessions and growth trends. Recent developments include expanded collaboration with data science initiatives to improve analytical rigor, ensuring relevance in an evolving economic landscape.
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Key Facts
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