The U.S. recession in recent history

In the past 12 months, attracted widespread attention paid to the prospect of a recession may be on the horizon. Fears of economic recession in some countries around the world, including the U.S. priority. In this sense, this article describes the U.S. recession you, let history. This is the U.S. recession of the historical data, you can have what is a better idea of economic recessionAbove.

According to experts in the field, including the high-quality economists when it comes to the U.S. economic recession history, there are 32 specific cycle of expansion and contraction since 1854 in the country. Thus, in this case, the story of a U.S. recession light is controversial is that, in these 150 years of the 32 must be a U.S. economic recession in overtime.

As said, the economic recession in the U.S. TestHistory, and in this 32-cycle considerations, in particular the average, have 38 pairs from an average of 17 months after the expansion of the contraction, the average months. In other words, the economic recession in the United States the typical history of the pursuit of economic recession has lasted for more than 17 months, on average.

Although this is a recession in the United States referenced in the history of this period of economic recession, the average time is the fact that in the recent economic downturnHave been greatly shortened and fewer. For example, since 1980 - in the past 30 years - only 7 recession.

1. From January 1980 to July 1980 = 6 months

2. From July 1981 to November 1982 = 16 months

3. In July 1990 to 1991, 3 = 8 months

4. From March 2001 to November 2001 = August

In this relatively short period of inflation, - all the economic recession in the United States, the average 32-story - it isIs the longest in U.S. history, period of economic expansion. This is the completion in March 1991 and continued until March 2001. In the past 10 years, was only an unprecedented expansion - 120 of unprecedented U.S. economic expansion months.

Many experts do not claim that, in the United States is now - as well as all the other parts of the world in several countries - we are in the brink of a recession. In fact, theEven debating whether a recession actually exists in the United States at this time - although this is not an economic recession, has not yet formally announced.