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late 1839–late 1843 recession — ~4 years ~1 year −34.3% — This was one of the longest and deepest depressions of the 19th century: it was a period of pronounced deflation and massive defaults on debt. The Cleveland Trust Company Index showed the economy spent 68 months below its trend, and only nine months above it, and declined 34.3% ...
The United States exited recession in late 1949, and another robust expansion began. This expansion coincided with the Korean War, after which the Federal Reserve initiated more restrictive monetary policy. The slowdown in economic activity led to the recession of 1953, bringing an end to nearly four years of expansion. May 1954– Aug 1957 39 ...
Panic of 1837, a U.S. recession with bank failures, followed by a 5-year depression; Panic of 1847, started as a collapse of British financial markets associated with the end of the 1840s railway industry boom; Panic of 1857, a U.S. recession with bank failures; Indian economic crash of 1865
1 year, 4 months. The Great Depression–Late ’30s. May 1937. June 1938. 1 year, 1 month. The Late ’60s Recession. December 1969. November 1970. 11 months. The Late ’40s Recession. November ...
The Long Depression was a worldwide price and economic recession, beginning in 1873 and running either through March 1879, or 1899, depending on the metrics used. [1] It was most severe in Europe and the United States, which had been experiencing strong economic growth fueled by the Second Industrial Revolution in the decade following the American Civil War.
A look back at all the recession predictions that turned out to be wrong.
November 1882 news item from the London Guardian noting the expanding financial crisis in the United States, marked by a continued "railway war.". The Depression of 1882–1885, or Recession of 1882–1885, was an economic contraction in the United States that lasted from March 1882 to May 1885, according to the National Bureau of Economic Research.
The term recession is being thrown around a lot. Here are the basics.