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Strategies & Market Trends : Making Money is Main Objective

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To: Softechie who started this subject	12/29/2001 9:26:14 AM
From: Softechie	of 2155

The U.S. economy entered its 10th postwar recession in March, a panel of economists declared Nov. 26. Past recessions have averaged about 11 months each. Recession Duration Peak jobless rate Nov. 1948 to Oct. 1949 11 months 7.9 percent in Oct. 1949 July 1953 to May 1954 10 months 6.1 percent in Sept. 1954 Aug. 1957 to April 1958 8 months 7.5 percent in July 1958 April 1960 to Feb. 1961 10 months 7.1 percent in May 1961 Dec. 1969 to Nov. 1970 11 months 6.1 percent in Aug. 1971 Nov. 1973 to March 1975 16 months 9 percent in May 1975 Jan. 1980 to July 1980 6 months 7.8 percent in July 1980 July 1981 to Nov. 1982 16 months 10.8 percent in December 1982 July 1990 to March 1991 8 months 7.8 percent in June 1992 March 2001 to ? ? 5.4 percent (as of Oct. 2001)

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