Friday, April 13, 2018

The Longest Expansions in U.S. History

According to NBER , the four longest expansions in U.S. history are: 1) From a trough in March 1991 to a peak in March 2001 (120 months). 2 Tied) From a trough in February 1961 to a peak in December 1969 (106 months). 2 Tied) From a trough in June 2009 to today, April 2018 ( 106 months and counting ). 4) From a trough in November 1982 to a peak in July 1990 (92 months). So the current expansion is currently tied for the second longest, and it seems very likely that the current expansion will surpass the '90s expansion in the Summer of 2019. As I noted last year in Is a Recession Imminent?......(read more)
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