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. You may also like “Strength of Economic Expansions.” Image: Ryan Detrick, LPL Financial LLC
Economic Expansions Don’t Die of Old Age Today, the current economic cycle is the longest expansion. Image: Oxford Economics
Strength of Economic Expansions The current business cycle is the longest expansion, but it’s also the weakest. Picture Source: ClearBridge Investments
U.S. Expansions and Recessions The coronavirus recession lasted only two months, which is by far the shortest U.S. recession on record. Image: Oxford Economics
U.S. Federal Deficit and Balance Sheet Expansion Is the U.S. fiscal and monetary policy response to the COVID-19 crisis appropriate to ensure continued economic growth? Image: Deutsche Bank
Weaker Wage Growth in the Current Expansion Interesting chart showing that wage growth is much weaker than it was in the late 1990s. Image: Economic Policy Institute
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…
Fed Funds vs. Private Sector Wage Growth The last three U.S. economic expansions ended with the Federal Reserve hiking to curb wage growth, but not this time. That’s quite bullish. Image: BofA Global Research
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 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