Wednesday, January 20, 2010

NBER Business Cycle Dates and Duration

Summary: AP Macroeconomics data for business cycle analysis.

Is the current recession typical? How long does a recession usually last? The National Bureau of Economic Research dates the recession from peak to trough. The link is here.

Using this data, can you determine the shortest recession from peak to peak? How about the shortest recession from trough to trough? The longest post WWII recession I found lasted 128 months. For those economists who like to research, do prices ALWAYS fall during a recession?

About the Author: Mike Fladlien is an AP Economics teacher from Muscatine High School in Muscatine, IA. He is an author blogging at Mikeroeconomics.


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