Tuesday, April 28, 2009

Recession Lengths

Recessions can last for a considerable length of time. On average, you will see from the chart that US recessions last 518 days. (Click on chart to see in larger scale.)


There have been 33 recessions (counting the Great Depression period) over the past 152 years.

You may be surprised to find that in 31% of our days over this time the US has experienced a recession! Did you know recession was that common?

We are now approaching the average mark. How long will it last?

We don't know for sure. There are various outlooks for the economy--and for a review, you might wish to visit my L U V article on February 4 that defines three points of view, and follow up articles in mid-March on Hope Rising from Gloom and L or U: Counterpoint V.

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