Economic Snapshot | Trade and Globalization

Current recovery longest in postwar history

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Snapshot for March 1, 2000

Current recovery longest in postwar history

As the figure below demonstrates, the current recovery is longer than all the preceding postwar recoveries.

Source: From The National Bureau of Economic Research (NBER) homepage, “US Business Cycle Expansions and Contractions.” The March 1975 through January 1980 and July 1980 through July 1981 recoveries were combined for the purposes of this graph. All post-WWII recoveries were included except October 1945 through November 1948. (

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