Peak monrl Peak monal Trough month member December 1854 une IN37 December 1858 O

Question

Peak monrl Peak monal Trough month member December 1854 une IN37 December 1858 October 1860 730 738 April 1865 December 1867 816 December 1870 une 1869 834 852 October 1873 March IN79 886 March 1882 May 1885 987 1025 March 1887 April 1888 017 May 1891 1087 1097 uly 1890 January 1893 June 1594 December 1895 une 1897 52 une 1899 900 212 September 1902 August 1904 233 1289 1302 May 1907 June 1908 anuary 1912 1345 anuary 1910 32 January 1913 December 1914 357 1380 August 1918 March 1919 424 43 1459 May 1923 July 1924 I495 48 October 1926 November 1927 522 1515 1556 1599 August 1929 March 1933 May 1937 June 1938. 1662 February 1945 October 1945 1750 November 948 October 1919 787 1798 uly 1953 May 1954 853 August 1957 April 1958 1892 1900 February 196 1934 December 1960 November 1900 November 1973 March 1975 2103 January 1980 July 1980 216 2167 uly 198 November 1982 2179 2195 March 199 2287 229S 2415 March 200 2423 December 2007 June 2009 2496 25 4 33 cycles 6 cycles 919-1915 16cycles) Note: Month numbers start in January 1800 Diwation, peak to 43 7,5 21,6 30 22 46 36 27 20 24 33 22 27 50 80 37 45 39 36 58 92 20 73 26.6 35.0 58.4 30 35 39 32 36 67 45 32 47 74 56A 48.9 53.0 68.5 37 562 4R2 532

Explanation / Answer

A) Total contractions US experienced since 1854 is 576 months. Business cycle peaks experienced by US since 1854 are 33 peaks.

B) The longest economic contraction in the US since 1854 was experienced during October 1873 to March 1879 which had a duration of 65 months.

C) The shortest economic contraction in the US since 1854 was experienced during January 1980 to July 1980 which had a duration of 6 months.

D) The longest economic expansion in the US since 1854 was experienced during March 1991 to March 2001 which had a duration of 120 months.

E) The shortest economic expansion in the US since 1854 was experienced during March 1919 to January 1920 which had a duration of 10 months.

F) Since 1854, the average duration of economic contraction in US has decreased over the years as we can see the average contraction size for first 16 cycles then next 6 cycles then next 11 cycles is 21.6, 18.2 and 11.1 respectively which is constantly decreasing, but the the average duration of economic expansion in US has increased over the years as we can see the average contraction size for first 16 cycles then next 6 cycles then next 11 cycles is 26.6, 35 and 58.4 respectively which is constantly increasing.

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