|
Start of Recession |
Worst two quarters |
Change peak-to-trough |
Change in unemployment rate* |
Quarters in recession |
Quarters of slow growth |
|
1948 |
-3.5 |
-1.7 |
3.3 |
4 |
0 |
|
1953 |
-4.3 |
-2.6 |
3.4 |
4 |
5 |
|
1957 |
-7.4 |
-3.2 |
3.4 |
3 |
8 |
|
1960 |
-2.3 |
-0.5 |
1.9 |
3 |
4 |
|
1969 |
-1.3 |
-0.2 |
2.6 |
4 |
10 |
|
1973 |
-3.1 |
-3.1 |
4.1 |
5 |
8 |
|
1980 |
-4.3 |
-2.2 |
2 |
2 |
7 |
|
1981 |
-5.6 |
-2.6 |
3.3 |
5 |
7 |
|
1990 |
-2.5 |
-1.3 |
2.4 |
2 |
11 |
|
2001 |
-0.1 |
0.3 |
2.2 |
3 |
11 |
|
2008 (projected) |
-3 |
-1.6 |
3.1 |
3 |
12 |
-
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