The Longest Economic Expansion in American History The U.S. GDP has grown for 121 consecutive months since the Great Recession. This is officially the longest U.S. economic expansion in history. You may also like “Strength of Economic Expansions.” Image: CNBC
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…
Atlanta Fed GDPNow U.S. Real GDP Estimate The GDPNow model forecasts a 3.2% increase in U.S. real GDP for Q3 2024, suggesting a favorable outlook for continued economic expansion. Image: Federal Reserve Bank of Atlanta
Inflation – U.S. CPI Forecasts With inflation high, the Fed’s interest rate cut decisions require a delicate balance between price stability, economic expansion and employment support. Image: BofA Global Investment Strategy