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Is there a mathematical calculation for recession periods???

April 26, 2017calculation mathematical periods recession

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Is there a mathematical calculation for recession periods???

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Hi David, The average length of a U.S. recession has been 13 months – since 1919. Our current problems began in August of 2007 when – Emergency FOMC inter-meeting cut 8/17 – the ‘discount rate’ to 5.75% from 6.25% citing tighter credit and shaken financial markets. Central banks in the U.S., Europe and Asia had injected more then $400 billion (Aug 9-16) into the banking system providing liquidity to global credit markets.