The Economist (May 21)
2016/ 05/ 23 by jd in Global News
Before the WWII, available date suggests business “cycles aged like people…. the odds of tipping into recession rose as an expansion got older.” Since then, however, the data is counter-intuitive, indicative of “ageless recoveries.” “Since the 1940s age has not withered them: an expansion in its 40th month is just as vulnerable, statistically, as one in its 80th (each has about a 75% chance of surviving the next year).”
Tags: Ageless recoveries, Business cycles, Counter-intuitive, Data, Expansion, Recession, Vulnerable, WWII
