- From 1855 to 2020, recessions lasted an average of 17 months. In the 20th and 21st centuries, the average recession has decreased to 14 months.
- The US' longest recession lasted 65 months from October 1873 to March 1879
- The US has gone through 13 recessions since WWII
- The longest recession since WWII was the Great Recession
- The shortest US recession was during COVID-19, from February to April 2020
- Although economic struggles and the Great Depression marked the 1930s, the NBER-defined recession lasted from September 1929 to March 1933.
- From 1855 to 2020, recessions lasted an average of 17 months. In the 20th and 21st centuries, the average recession has decreased to 14 months.
- The US' longest recession lasted 65 months from October 1873 to March 1879
- The US has gone through 13 recessions since WWII
- The longest recession since WWII was the Great Recession
- The shortest US recession was during COVID-19, from February to April 2020
- Although economic struggles and the Great Depression marked the 1930s, the NBER-defined recession lasted from September 1929 to March 1933.
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88 sats \ 1 reply \ @Scoresby 7h
Weird how different the chart looks before and after 1933.
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102 sats \ 0 replies \ @grayruby 4h
Business cycle is for losers!
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