What a Difference a Decade Makes 07-02-2019What a Difference a Decade Makes 07-02-2019
In July, the U.S. economy surpassed the 1991-2001 growth cycle to become the longest expanding economy since business cycles have been tracked.
July 2, 2019
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The current economic expansion that began in June 2009 marking an end to the 2008 recession has set a new record. In July, the U.S. economy surpassed the 1991-2001 growth cycle to become the longest expanding economy since business cycles have been tracked. How has the U.S. changed in the ensuing decade? Let’s count the ways.
Notes: “Then” refers to June 12, 2009; “Now” refers to June 12, 2019, or closest available data.
Sources: Department of Labor, Alliance for Board Diversity, Census Bureau, Goldman Sachs, International Money Fund, Federal Reserve Bank, Comptroller of the Currency, Gallup, Bloomberg, PayScale, Statista, Wall Street Journal
