Living Beyond Borders Articles
The Graphic Truth: How long might a US recession last?
A graphic showing the duration of recessions in the US since 1929.
GZERO Media
For months, we've been debating the odds of a looming inflation-fueled US recession. It hasn't happened yet — in no small part due to a tight jobs market. (For more on who makes the recession call, read our primer here.)
But the fact that it hasn't happened yet doesn't mean recession fears are over. In fact, economists believe it'll start as soon as cash-strapped businesses — faced with high interest rates to fight inflation — begin giving workers pink slips across the board. Still, it's more likely than not that when it comes, the recession will be not only mild (not triggering mass unemployment) but also historically short.
We take a look at the duration and cause of US recessions over the past century.
In his latest Quick Take, Ian Bremmer says the Russia–Ukraine war is becoming more volatile as battlefield dynamics shift and diplomatic pressure fades.
Think you know what's going on around the world? Here's your chance to prove it.
Is Cuba next? Yesterday the Trump administration indicted Raúl Castro. Now the question—in Washington as much as Havana—is if Trump is preparing another regime change campaign in the Caribbean. But he'd do well to remember that Cuba is not Venezuela, says Eurasia Group's Latin America expert Risa Grais-Targow.