Terms of Use
Terms for using this site
Last Recession is a public informational site about U.S. recession timing, indicator summaries, and historical macro context. These terms are meant to explain, in plain language, what the site is for, what it does not promise, and how the material should be used.
By using the site, you agree to these terms as they appear on this page.
How to use it
Reference, not advice
The site is for informational and educational use. Nothing on Last Recession is financial, investment, legal, accounting, or tax advice, and nothing on the site should be treated as a recommendation to act.
If a decision matters, verify it against primary sources and your own judgment. For professional or financial decisions, use appropriate professional advice.
Source material
Public data, processed for readability
Last Recession draws on public materials and external sources, including data and reference content from sources such as FRED and recession dating information from NBER. Some data is processed, summarized, grouped, or restated so it can be presented consistently across the site.
Thresholds, labels, indicator notes, and methodology descriptions may be revised over time as the project improves or source material changes.
Limits
Accuracy, timing, and availability
The goal of the site is to be careful, readable, and transparent. But the site is provided on an as-is basis, and no guarantee is made that every page, indicator status, summary, or external source reference will always be complete, current, uninterrupted, or error-free.
Public source data can be revised, definitions can change, external pages can move, and site content may occasionally lag or contain mistakes.
External sources
Links are for reference
The site may link to third-party sources, documents, or databases for context and verification. Those sites are controlled by their own operators, not by Last Recession.
Last Recession is not responsible for third-party content, availability, or privacy practices. When using those sources, refer to their own terms and policies.
Use and reuse
Use the site fairly
You may browse, reference, and quote the site in ordinary ways. Please do not misuse the site, interfere with its operation, present its material in a misleading way, or scrape it abusively.
Original site copy, layout, and presentation belong to Last Recession. Underlying public datasets and external source materials remain subject to the terms of their original providers. If you reference the site, attribution is appreciated.
Updates
Terms may change as the site evolves
These terms may be updated from time to time as the site changes. Continued use of the site after updates means you accept the current version posted here.
For questions about the site or these terms, use the contact path provided through the About page.