Economic recession dating wwe divas dating contest

Posted by / 16-May-2020 20:56

The most recent trough occurred in November 2001, inaugurating an expansion.A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.The 2007-2009 recession officially ended in June of 2009 (the second quarter).How bad was this recession, and how quickly is the economy recovering?

For information on recession, or business-cycle, dating, see: Recession bars provide a graphical representation of business cycles in the United States economy dating to 1850 based on cycle begin and end dates defined by the National Bureau of Economic Research’s Business Cycle Dating Committee.The Committee considers a “recession” or contraction as a period of diminishing (vs diminished) activity and an expansion as a period of increasing economic activity.The 10 previous postwar recessions ranged in length from 6 months to 16 months, averaging about 10 1/2 months.The 2007-09 recession was the longest recession in the postwar period, at 18 months.

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How does this recession and recovery compare to previous cycles?