What Is A Recession and When Is the Next One Going to Begin? - The New York Times

6/24/2022 12:00:00 AM2 years 10 months ago
by Isabella Simonetti, Niraj Chokshi
by Isabella Simonetti, Niraj Chokshi
Recessions since World War II have lasted just over 10 months each, on average. The last one, which began in 2020, lasted just two months.
While people talk of business cycles, periods of growth followed by downturns, there is little regularity to how recessions occur. Some can happen back-to-back, like the recession that began and end… [+1098 chars]
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