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1845–late 1846 recession — ~1 year ~2 years −5.9% — This recession was mild enough that it may have only been a slowdown in the growth cycle. One theory holds that this would have been a recession, except the United States began to gear up for the Mexican–American War, which began April 25, 1846. [16] 1847–1848 recession late 1847 ...
However, private economic activity expanded at a brisk pace throughout this period. The expansion lasted just over three years, followed by another brief recession in late 1948. Oct 1949– July 1953 45 +4.4% +6.9%: The United States exited recession in late 1949, and another robust expansion began.
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.
There were great increases in productivity, industrial production and real per capita product throughout the period from 1870 to 1890 that included the Long Depression and two other recessions. [14] [15] There were also significant increases in productivity in the years leading up to the Great Depression. Both the Long and Great Depressions ...
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According to a survey of leading economists conducted by the National Association for Business Economics, the recession will end in the third quarter of 2009; that is, by the end of September. A
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