while household bank accounts are bulging with cash doled out by the federal government to blunt the impact of the coronavirus pandemic.
Indeed, it could turn out to be the country's only one-month recession, and will almost certainly be one of the briefest. The shortest one, based on records dating back to the mid-1800s, was a six-month downturn in early 1980, though that was followed quickly by another. "The real open question is when we move from 'recovery' - getting back to pre-recession levels - and move into 'expansion'."
Members of the eight-person committee either would not comment about their thinking or did not respond to emailed questions.
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