The economy continued to grow, and in February 2000 it broke the record for the longest uninterrupted economic expansion in U.S. history—lasting ten years.
If two quarterly contractions in a row constitute recession, as popular shorthand has it, then why shouldn't 18 months of uninterrupted expansion bring recession to an end?
In February, the uninterrupted expansion that began in March 1991 will set a longevity record, 107 months.
Though slowing down, the economy's longest uninterrupted expansion is now in its 11th year.
The economy has grown for 16 consecutive months, the longest uninterrupted expansion in a decade.
It has now begun its seventh year of uninterrupted expansion, a peacetime record, with the end not yet in sight.
If that comes to pass, an economy that looks fragile today will set a record late next year for uninterrupted expansion, breaking the 1961-69 mark, which was helped by the Vietnam War.
It's almost official: the economy is in recession, ending the longest uninterrupted expansion in American history.
After six and a half years of uninterrupted expansion, inflation is low and the unemployment rate is down to 4.8 percent, economic conditions not seen since the early 1970's.
A1 A Recession in All but Name It's almost official: the economy is in recession, ending the longest uninterrupted expansion in American history.