Are You Prepared?
Get expert advice to help ensure and protect your financial legacy at our free educational seminars.
 
Charlotte State Bank & Trust will never call you to ask you to verify or provide your full account number, username, password, debit card number, PIN or Social Security number. If you receive a call requesting this information, even if the caller ID looks like it is coming from the bank, immediately hang up, and call us at 888-624-5454.

Recessions are Painful; Expansions are Powerful

Posted by Samuel A. Kiburz on Jun 23, 2022 9:50:04 AM

Share this blog post

    
This chart looks at recessions and expansions within the economy from1950 to 2015.

This chart comes from the Visual Capitalist. Since 1950, the average economic expansion lasts 67 months. The average recession, though painful, only lasts 11 months.

Topics: Chart of the Day, Managing your Wealth