☰
HomeLiving Beyond BordersGZERO WorldSignalIn 60 SecondsPuppet RegimeGZERO World PodcastContact UsAbout UsCareersPrivacy PolicyTerms

The Graphic Truth: How long might a US recession last?

April 14, 2023
Carlos Santamaria
and
Luisa Vieira
A graphic showing the duration of recessions in the US since 1929.
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.

More from GZERO Media

Opinion: Roll over and play Trump

U.S. President Donald Trump poses with Vice President Mike Pence, first lady Melania Trump and Conan, the U.S. military dog that participated in and was injured in the U.S. raid in Syria that killed ISIS leader Abu Bakr al-Baghdadi, while standing with the dog's military handler on the colonnade of the West Wing of the White House in Washington, U.S., November 25, 2019.
REUTERS/Tom Brenner

While the second season will not officially launch until Jan. 20, 2025, the Donald Trump show has already come to town.

Hard Numbers: Matt Gaetz loved drugs and sex in Congress, Biden commutes death sentences, A deadly year for journalists, Italy’s magnificent mosaics shine again

FILE PHOTO: U.S. Rep. Matt Gaetz (R-FL) nominates former President Donald Trump for Speaker of the House as Rep. Marjorie Taylor Greene (R-GA) and Rep. Lauren Boebert (R-CO) watch inside the House Chamber on the third day of the 118th Congress at the U.S. Capitol in Washington, U.S., January 5, 2023.
REUTERS/Evelyn Hockstein/File Photo

North Korea preparing to send more troops to Russia as casualties rise, says Seoul

Ukrainian Armed Forces are deployed in the middle of the conflict with Russia on December 16, 2024. Ukraine claims that Russia has begun sending North Korean soldiers en masse to assaults in the Kursk region, where Ukrainian forces repel daily Russian attacks and control important areas.
Handout / Latin America News Agency via Reuters Connect

South Korean military officials said Monday that they had detected North Korean preparations to deploy more troops and weapons to Russia, and elaborated that at least 100 of Pyongyang’s soldiers had been killed and 1,000 more wounded so far, while Ukrainians claim 200 have died and nearly 3,000 had been wounded.

Head in the Sand: Post-election research shows that Democrats' have a weakness issue

US Vice President Kamala Harris delivers remarks at an event for young leaders at Prince George’s County Community College in Largo, Maryland on Tuesday, December 17, 2024.
Photo by Annabelle Gordon/Pool/Sipa USA

For the Democrats, 2024 was the year of the ostrich, or the koala, according to lapsed-Democratic voters asked to describe the party as an animal in post-election research.

Romania’s Ciolacu comes back following TikTok turmoil

Romanian far-right presidential election candidate Calin Georgescu delivers a press statement at the Bucharest Court of Appeal, in Bucharest, Romania, December 19, 2024.
Inquam Photos/Octav Ganea

Romanian Prime Minister Marcel Ciolacu secured a parliamentary vote of confidence on Monday, cementing a new coalition government amid the country’s worst political crisis in decades.

About UsCareers PressContact Us Privacy PolicyTerms of Use
© 2020 GZERO Media. All Rights Reserved | A Eurasia Group media company.