Economic Impact of U.S. Recessions

This chart shows that the economic impact of most U.S. recessions is relatively small.

The average expansion increased GDP by +24% vs. S&P 500 +117%, and the average recession reduced GDP by less than 2% vs. S&P 500 +3%.

The average expansion is 67 months and the average recession is 11 months, since 1950.

Image: Capital Group

Economic Impact of Recessions