Tag Archives: US expansion

Despite the length of the current expansion, we believe US growth still has some way to go. But there are signs the economy is becoming bubbly.The key debate right now among economists revolves around how further will the expansionary phase of the US business cycle go. We are already over 100 months into the current phase (it started in July 2009), making it the third-longest period of post-World War II expansion. The longest was 119 months, between April 1991 and February 2001. Our view is...

The US expansion has crossed the 100-month mark. But while it has aged, the economy still has legs.The US expansion, which started in July 2009, just crossed its 100-month mark, making it – for now – the third longest in the National Bureau of Economic Research database, which stretches back to 1854. The longest growth was 119 months between April 1991 and February 2001.The exceptional length of this expansion, already well above the 94-month average for the three previous growth cycles,...