Sunday , November 24 2024
Home / Mike Norman Economics / Bill McBride — The Longest Economic and Housing Expansions in U.S. History

Bill McBride — The Longest Economic and Housing Expansions in U.S. History

Summary:
According to NBER, the four longest expansions in U.S. history are: 1) From a trough in March 1991 to a peak in March 2001 (120 months). 2) From a trough in June 2009 to today, July 2018 (109 months and counting). 3) From a trough in February 1961 to a peak in December 1969 (106 months). 4) From a trough in November 1982 to a peak in July 1990 (92 months). So the current expansion is the second longest, and it seems very likely that the current expansion will surpass the '90s expansion in the Summer of 2019.... Calculated RiskThe Longest Economic and Housing Expansions in U.S. HistoryBill McBride

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Robert Waldmann writes The US economy is the envy of the first world

Joel Eissenberg writes The truth about immigration

Angry Bear writes The U.S. Economy Reaches Superstar Status

Mike Norman writes The (possibly lost) Coronavirus Opportunity — Pablo Pardo

According to NBER, the four longest expansions in U.S. history are:
1) From a trough in March 1991 to a peak in March 2001 (120 months).
2) From a trough in June 2009 to today, July 2018 (109 months and counting).
3) From a trough in February 1961 to a peak in December 1969 (106 months).
4) From a trough in November 1982 to a peak in July 1990 (92 months).
So the current expansion is the second longest, and it seems very likely that the current expansion will surpass the '90s expansion in the Summer of 2019....
Calculated Risk
The Longest Economic and Housing Expansions in U.S. History
Bill McBride
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *