Today's chart shows all the recessions since 1871 as defined by the National Bureau of Economic Research (NBER).
During those nearly 14 decades, the United States has been in recession 30% of the time.
Fortunately the economic conditions have gradually improved over this time frame:
During those nearly 14 decades, the United States has been in recession 30% of the time.
Fortunately the economic conditions have gradually improved over this time frame:
1871-1900: Recessions = 48% of the time
1900-1950: Recessions = 37% of the time
1950-2010: Recessions = 13% of the time
The latest recession could be the longest since the Great Depression.
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