In u.s. modern history, expansions (also called recoveries) have typically lasted 128 months or about 10½ years.
The National Bureau of Economic Research announced Monday that the u.s. modern history economy peaked in February, ending the longest expansion in U.S. history at 128 months, or about 10.5 years. In fact, the announcement codifies something painfully obvious.
When President Trump took office in January 2017, he inherited the economy into its 91st month of u.s. modern history expansion after the Great Recession ended in June 2009. February 2020.
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