The leading business cycle dating committee in the United States of America is the National Bureau of Economic Research (private). The Bureau of Labor Statistics is the principal fact-finding agency for the U.S. government in the field of labor economics and statistics.
3. transference-the act of transfering something from one form to another; the transfer of the music from record to tape suppressed much of the background noise. transfer. change of state-the act of changing something into something different in essential characteristics.
excrescence-something that bulges out or is protuberant or projects from its surroundings; the gun in his pocket made an obvious bulge; the hump of a camel; he stood on the rocky prominence; the occipital protuberance was well developed; the bony excrescence between its horns.