The United States went into recession in February 2020 after 128 months of expansion

Les États-Unis sont entrés en récession en février 2020 après 128 mois d’expansion

Washington | The United States went into recession in February after 128 months of expansion, according to the committee, which referred the matter to the united States, which has even revised its definition because of the brutality of the shock caused by the pandemic of sars coronavirus.

“The peak of the economic activity monthly occurred in the u.s. economy in February 2020. This peak marks the end of the expansion that began in June 2009 and the beginning of a recession. The expansion lasted 128 months, ” said Monday the committee of the dating of economic cycles from the National Bureau of Economic Research, whose authority in the matter.

Details to come…

Share Button