Wednesday, November 12, 2008

List of recessions in the United States

This is a list of recessions that have affected the United States. A recession is defined by NBER, and is not necessarily two quarters of negative GDP growth.

From 1945-2007 NBER has identified 10 recessions, their average duration was 10 months (Peak to Trough).

Most of the recessions listed here have affected economies on a worldwide scale;



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