Table : TABLE 1 SELECTED DATA FOR U.S. BUSINESS CYCLES SINCE 1950
TABLE 1 SELECTED DATA FOR U.S. BUSINESS CYCLES SINCE 1950
YearsPeakTroughRecession Length (months)Expansion Length (months)Percentage Change in Real GDPMaximum Unemployment Rate (%)
1953–1954July 1953May 195410 39–2.2 5.9
1957–1958Aug. 1957April 1958 824–3.6 7.4
1960–1961April 1960Feb. 196110106–0.6 7.1
1969–1970Dec. 1969Nov. 197011 36+0.26.1
1973–1975Nov. 1973March 19751658–1.89.0
1980Jan. 1980July 1980612–2.37.8
1981–1982July 1981Nov. 198216 92–2.210.8
1990–1991July 1990March 1991 8120–1.0 6.9
2001March 2001Nov. 2001 8 73+0.5 5.8
2007–2009Dec. 2007June 200918–4.110.0