Months Since Last U.S. Recession and Business Cycles

Months Since Last U.S. Recession and Business Cycles The U.S. economy has experienced record growth for 127 consecutive months. This is the longest period on record. Image: Danske Bank Research, Mikael Olai Milhøj

U.S. Wage Growth and Business Cycles

U.S. Wage Growth and Business Cycles Despite the U.S. economic expansion is now the longest in history, wage growth has been much slower during this business cycle than in previous cycles. Image: CNBC

U.S. GDP Growth and Business Cycles

U.S. GDP Growth and Business Cycles Despite the current U.S. economic expansion is the longest ever, GDP growth has been much slower during this business cycle than in previous cycles. Image: CNBC

U.S. Job Growth and Business Cycles

U.S. Job Growth and Business Cycles Chart showing that U.S. job growth has recovered more slowly than in previous cycles. Image: CNBC

Output Gap and Stages of the U.S. Business Cycle

Output Gap and Stages of the U.S. Business Cycle Despite gloomy headlines, this chart suggests that the U.S. economic expansion is still intact. Image: BlackRock Investment Institute

U.S. Business Cycle: Output Gap vs. Core PCE Inflation

U.S. Business Cycle: Output Gap vs. Core PCE Inflation The mature phase of the U.S. business cycle began 24 months ago. The mature phase lasted 72 months in the late 1960s and 57 months in the late 1990s. Image: NBF Economics and Strategy

U.S. Business Cycle: Actual vs. Potential U.S. Real GDP

U.S. Business Cycle: Actual vs. Potential U.S. Real GDP The mature phase of the U.S. business cycle began 2 years ago. If inflation remains stable and the Fed avoids restrictive monetary policy, then the risk of recession is reduced. Image: NBF Economics and Strategy