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The National Bureau of Economic Research dates recessions on a monthly basis back to 1854; according to their chronology, from 1854 to 1919, there were 16 cycles. The average recession lasted 22 months, and the average expansion 27.
The U.S. has experienced 34 recessions since 1857 according to the NBER, varying in length from two months (February to April 2020) to more than five years (October 1873 to March 1879).
Starting with an eight-month slump in 1945, the U.S. economy has weathered 13 different recessions since World War II. On average, America’s post-war recessions have lasted only 10 months,...
Graph and download economic data for Dates of U.S. recessions as inferred by GDP-based recession indicator (JHDUSRGDPBR) from Q4 1967 to Q2 2024 about recession indicators, GDP, and USA.
The economic fallout from the coronavirus pandemic has the world on the verge of another significant recession. Here is a look at what happened every time the U.S. economy experienced a recession ...
There have been 19 major recessions in the United States. Learn how GDP, unemployment, and more were affected, how bad they were, and when they ended.
Only three recessions in the latter period have lasted more than one year. Additionally, while there were 12 recessions between 1880 and 1920, there were only six recessions between 1980 and...
There were actually two recessions during the early 1980s, according to the NBER. A brief recession occurred during the first six months of 1980, and then, after a short period of growth, a second, more sustained recession, lasted from July 1981 to November 1982.
And if those previous downturns are any indication, the next one may not look the same. “By looking at the recent recessions, all were led by different factors and had different consequences...
But sometimes the expansion between recessions is much shorter — there was only a year between the 1980 and 1981 recessions. Two recessions very close together are often called a “double dip,” or W-shaped, recession.