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Based on historical data, how accurate would it be to say that a recession happens every 7-10 years? What percent of recessions(for some definition of recession
by nur0n 8y ago
Based on historical data, how accurate would it be to say that a recession happens every 7-10 years? What percent of recessions(for some definition of recession) follow this pattern? Are there different patterns for different kinds of economic/political environments? Does anyone know of a good analysis that a layman could understand?
- dragonwriter 8y ago> Based on historical data, how accurate would it be to say that a recession happens every 7-10 years? Starting with the Great Recession and working backwards to and including the Great Depression, the gap from the previous US recession for each recession has been: 6y, 1 m 10y 7y, 8m 1y 4y, 10m 3y 8y, 10m 2y 3y, 3m 3y, 9m 3y, 1m 6y, 8m 4y, 2m 1y, 9m Only 3 of 14 of those gaps were in the 7-10 year range, and all of the rest are shorter.