United States[edit]

Main article: List of recessions in the United States

According to economists, since 1854, the U.S. has encountered 32 cycles of expansions and contractions, with an average of 17 months of contraction and


38 months of expansion.[8] However, since 1980 there have been only eight periods of negative economic growth over one fiscal quarter or more,[59] and four periods considered recessions:
July 1981 – November 1982: 15 months
July 1990 – March 1991: 8 months
March 2001 – November 2001: 8 months
December 2007 – June 2009: 18 months[60][61]

For the past three recessions, the NBER decision has approximately conformed with the definition involving two consecutive quarters of decline. While the 2001 recession did not involve two consecutive quarters of decline, it was preceded by two quarters of alternating decline and weak growth.[59]

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So what are you Trying to say ? ? ? ?

The conversation was about when the Great Recession ended

And O Buma's ability to get the Country out of the Recession