U.S. Expansions and Recessions Recessions are usually painful, but expansions have been powerful. The average expansion is 67 months and the average recession is 11 months, since 1950. See also “Economic Impact of U.S. Recessions.” Picture source: Oxford Economics
The Longest Economic Expansion in American History The U.S. GDP has grown for 121 consecutive months since the Great Recession. This is officially the longest U.S. economic expansion in history. See also “Strength of Economic Expansions.” Pictures source: CNBC
Longest Economic Expansion in U.S. History Since the Great Recession, the U.S. economy has grown for 121 consecutive months. This is the longest economic expansion in American history. See also “Strength of Economic Expansions.” Picture source: Ryan Detrick, LPL Financial LLC
U.S. Business Expansions Length by Month since 1854 Since 1854, the U.S. was in recession 35% of the time. U.S. recessions are becoming rarer over time and partly explain the increasing survival of zombie firms. Picture source: Deutsche Bank
Economic Expansions Don’t Die of Old Age Today, the current economic cycle is the longest expansion. Picture source: Oxford Economics
