Topic
Why booms and busts keep repeating
The US economy has logged 13 recessions since 1945, per the NBER's cycle table. Expansions ran 64.2 months on average since 1945, while contractions lasted 10.3 months.
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The US economy has logged 13 recessions since 1945, per the NBER's cycle table. Expansions ran 64.2 months on average since 1945, while contractions lasted 10.3 months.