Back in the Good ol' Days

How post FDR recessions compare to pre-FDR recessions with regard to frequency and duration of recession and intervening expansion.


How about we look at some facts?


From 1854-1933 there were 20 downturns lasting on average
22 months with the length of expansion between cycles lasting on average only 25 months. From 1933-2001 there were 12 downturns lasting on average 10 months with the length of expansion between cycles lasting on average 64 months.