Economic recoveries tend to be both strong and durable | Edmonton Homes for Sale Blog - Your Daily Guide to Edmonton Real Estate

Economic recoveries tend to be both strong and durable

History has shown that economic recoveries following recessions are typically both strong and durable. As shown in the chart, once the recovery takes hold and the economy does start expanding, it is rarely for a short time. In fact, periods of expansion that came on the heels of downturns averaged 57 months or close to 5 years. After 1960, the average period of expansion following a recession was even longer at 71 months or close to 6 years. Although the transition from an economic recession to an economic recovery can be choppy, once recoveries arrive, they tend to be longstanding.

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Investors Group Financial Services Inc.
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This entry was posted on Wednesday, January 22nd, 2014 at 4:42 pm and is filed under Edmonton, Investing, Statistics, Tips. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.