bi h/t freerepublic
Each growth period lasts between 4 to 6 years he said. We could be from 1 to 3 years away from the next slowdown by that reckoning. That's because the last recession ended just about 3 years ago, according to NBER. Not all of these are that short, as the one that began during the first Bush presidency lasted a decade.
No one really knows when a recession will occur, but the disquieting thing about this recovery is that it is so weak.
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