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13 different recessions
- Starting with an eight-month slump in 1945, the U.S. economy has weathered 13 different recessions since World War II.
www.history.com/news/us-economic-recessions-timelineHow the US Got Out of 13 Economic Recessions Since World War II
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Apr 29, 2020 · Starting with an eight-month slump in 1945, the U.S. economy has weathered 13 different recessions since World War II. On average, America’s post-war recessions have lasted only 10 months,...
- Dave Roos
May 31, 2024 · The U.S. has experienced 34 recessions since 1857 according to the NBER, varying in length from two months (February to April 2020) to more than five years (October 1873 to March 1879).
Before the COVID-19 recession began in March 2020, no post-World War II era had come anywhere near the depth of the Great Depression, which lasted from 1929 until 1941 (which included a bull market between 1933 and 1937) and was caused by the 1929 crash of the stock market and other factors.
NameDates [b]DurationPanic of 17851785–1788~ 4 years1789–1793~ 4 years1792~ 2 months1796–1799~ 3 years- COVID-19 Recession (February - April 2020) The COVID-19 recession is by far the deepest since World War II. It is also the shortest, lasting only two months from peak to trough.
- The Great Recession of 2008 (December 2007 - June 2009) The Great Recession was the longest recession since World War II; it was also the deepest until the COVID-19 recession of 2020.
- The September 11 Recession (March - November 2001) This recession is often called the “dot-com recession” because it started when the stock prices of internet companies crashed.
- The Gulf War Recession (July 1990 - March 1991) The Gulf War Recession was brief and mild: It lasted only eight months, and real GDP fell 3.6% in the fourth quarter of 1990.
Jul 9, 2024 · There have been 11 recessions since 1948, averaging about one recession every six years. But periods of economic expansion are varied and have lasted as little as one year to as long as a decade. The average recession before 2007 lasted about 11 months.
- Kimberly Amadeo
Aug 22, 2024 · The Post-War recession was primarily driven by the demobilization of the U.S. economy after World War II. The sudden reduction in defense spending and the return of millions of soldiers to the civilian workforce created an imbalance between supply and demand.
Aug 15, 2019 · This chart shows every recession the US has gone through since 1960, and how they compare to the economic meltdowns of other countries
