In July, the U.S. economy surpassed the 1991-2001 growth cycle to become the longest expanding economy since business cycles have been tracked.
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
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