Talk:List of recessions in the United States

message: Should the Panic of 1792 be included on here, or was it part of the broader Copper Coin Panic of 1788? There seems to be no mention of it, although there is a page dedicated to it Panic_of_1792 which indicates it isn't one of the disputed crises. 
EconomicHisorianinTraining (talk) 02:08, 19 July 2017 (UTC)
thread_title: Panic of 1792

message: Most analysts predict continued growth
[Consumer Price Index up 0.6% in Oct]
[Retailers Post Mediocre Holiday Sales]
[Possibility of a Major Stock Market Crash Cannot Be Ignored]
Kstailey 19:38, 29 Nov 2004 (UTC)
thread_title: Notes

message: Should this article be re-entitled List of USA Recessions?
How about 1960-62?  Was there a recession?
:Renamed. Also, consensus appears to be that there was no recession during that period in the United States. Gary King (talk) 04:17, 1 March 2008 (UTC)
thread_title: USA Recessions

message: Is the 1953 Recession for real? The paragraph, and the associated article The Recession of 1953, looks sensible, but was created by a user whose only other contribution to Wikipedia is a joke page. Rocksong 05:12, 7 March 2007 (UTC)
replies: text: I've referenced the recession. Gary King (talk) 04:20, 1 March 2008 (UTC)
thread_title: 1953 Recession

message: *event of 1807 caused by the Embargo Act of 1807 passed by Thomas Jefferson. Textile industry benefited enormously. Shipping industry suffered.
**Added. Gary King (talk) 04:29, 1 March 2008 (UTC)
thread_title: some other crisis in US?

message: There appear to be no recessions from other countries. Eg, the recession in England during the Thatcher era.
:There are a number of American ones, and we do need others, but the list is mostly of global recessions. Most likely the Thatcher downturn you are thinking of was part of the Early 1980s recession. That article needs work to cover more than just the United State. - SimonP 11:16, 24 July 2007 (UTC)
replies: text: Resolved. The article has now been moved to make it specific to the United States. PeterSymonds | talk 04:39, 1 March 2008 (UTC)
thread_title: Only american recessions

message: As far as I know, NBER is the institution which establishes when recessions start and when they end. Duration of recessions on its page doesn't match with duration of recessions as listed here. -- Vision  Thing -- 19:30, 11 March 2008 (UTC)
thread_title: Duration of recessions

message: The title is simply appropriate.
NBER is the acknowledged authority that carefully tracks the cycles using economic data. This page uses judgement of wikipedia editors to define the recessions.
Recession is USA is a well defined term. This page may mislead the readers into thinking that this is an authoritative list. It is not.
It should be called a list of financial crises.--Chakreshsinghai (talk) 19:42, 16 March 2008 (UTC)
replies: text: The problem with renaming it to 'Financial crises' is that this will greatly expand the scope of the article, which is not a good idea while it is still nominated as a WP:FL. It'd be better to keep the scope restricted and remove or add whatever items are necessary to make it complete rather than to expand the scope so greatly that every item will require much greater scrutiny. Gary King (talk) 19:47, 16 March 2008 (UTC)
replies: text: The information given does not confirm with official dates of US recessions. Something must be done to fix this.--Chakreshsinghai (talk) 23:11, 20 October 2008 (UTC)
thread_title: Title "List of recessions in the United States" inappropriate

message: I see no mention of this. Timeshift (talk) 13:06, 11 May 2008 (UTC)
replies: text: Probably because it was a boomtime. Real year-on-year GDP growth averaged 3.6% in 1986-89, and never fell below 2.5% for even a single quarter.DOR (HK) (talk) 08:44, 12 June 2008 (UTC)

text: What about the Crash of 1987? The way I understand it, at least some areas of the US (e.g. New England; Texas) were in recession as early as 1986. Better double check your facts. Shanoman (talk) 18:38, 23 October 2008 (UTC)
replies: text: There are no partial recessions in this article; each of the ones listed is big enough, or wide enough to cover the entire economy. Regional recessions might be a good topic for another article. But, in addition, stock market slumps downturns corrections realignments buying opportunities crashes are all about the financial markets, and not the real economy. This article is about the real economy, Main St, not Wall St. DOR (HK) (talk) 05:40, 10 August 2010 (UTC)

text: That recession was not over before September 11.  It ended in November.  Moreover, an event that occurs during a recession can cause the recession to lengthen and thus reasonably be considered a cause for part of a recession.  This is not just conjecture -- the NBER has addressed this question directly  From the NBER: "Before the attacks, it is possible that the decline in the economy would have been too mild to qualify as a recession. The attacks clearly deepened the contraction and may have been an important factor in turning the episode into a recession." --JayHenry (talk) 17:38, 25 July 2009 (UTC)

text: Well, you sure have alot of skeptics referring to the Reaganomics "boom" as nothing more than the "Great Ronald Reagan Recession" of 1982-87 for a large subsection of the USA, major cities & industrial areas were still in full-fledged decline from the 1960's and mid 1970's. In fact, the so-called war of poverty document in 1967 wrote about the nation's 3 poorest areas: the Mississippi Delta, the Ozarks and the Appalachians had been in "depression" since the 1930's. The state of California was constantly in recession and/or stagnated growth from 1987 to 95, perhaps the worst of any state or region, with the early 2000's high-tech bust and the 2003 California budget loss foreshadowed the current 2009 California budget lockdown. + 71.102.3.86 (talk) 11:28, 23 July 2009 (UTC)
replies: text:  In fact, it appears that you're the first person in the history of the Internet to ever refer to the "Great Ronald Reagan recession".  You have a valid point that different parts of the country experience the economy differently, but why decades of poverty in Appalachia for example would be blamed on Reagan is unclear. --JayHenry (talk) 17:38, 25 July 2009 (UTC)
thread_title: [[Late 1980s recession]]?

message: The chart was stolen from the following site: 
link title
Please rewrite the chart and don't rely on simple copy+paste. Wikipedia does not tolerate plagiarism. 99.243.193.64 (talk) 04:32, 24 October 2008 (UTC)
replies: text: Just curious if you have evidence that Wikipedia copied the recession.org site, and not the other way around.  Looking through the edit history, the table definitely does not "feel" like it was copied from another source, but gradually converged to its present form.  So I'm inclined to say that Wikipedia probably did not plagiarize this content.  If there is any evidence to the contrary, please present it. siℓℓy rabbit (talk) 12:25, 30 October 2008 (UTC)
thread_title: The chart was stolen

message: It seems that this chart makes no account of the S&L Crisis and resulting downturn beginning in 1987 and lasting through 1989. Also consider this:
1817-1821: U. S. Federal Debt reduced 29%. Depression began 1819.
1823-1836: U. S. Federal Debt reduced 99%. Depression began 1837.
1852-1857: U. S. Federal Debt reduced 59%. Depression began 1857.
1867-1873: U. S. Federal Debt reduced 27%. Depression began 1873.
1880-1893: U. S. Federal Debt reduced 57%. Depression began 1893.
1920-1930: U. S. Federal Debt reduced 36%. Depression began 1929.
Rodger Malcolm Mitchell
:Comments moved here from article by SimonP (talk) 23:08, 18 May 2009 (UTC)
replies: text:  As noted explicitly in the article, the standard dating for US recessions is performed by the NBER.  The S&L Crisis was a factor of the 1990-91 recession, but did not cause one prior to that. --JayHenry (talk) 02:29, 19 May 2009 (UTC)
thread_title: S&L Crisis

message: If anyone is watching this page and could weigh in, I'd appreciate it.  At the FLC, someone suggested adding GDP data for recessions.  I resisted since prior to WWII this data is annual and a bit controversial.  However, what do people think of the idea of splitting the list into two sections post- and pre-WWII?  Since WWII, the data in the US is very standardized and widely accepted, and it would be useful to compare not only GDP but other indicators as well. --JayHenry (talk) 17:34, 19 September 2009 (UTC)
replies: text: You don't need to split the list. Just create two sections in the list. This would be the best procedure. Read my reply on the FLC.--Diaa abdelmoneim (talk) 18:20, 19 September 2009 (UTC)
thread_title: Two sections (anyone watching?)

message: We know that the US economy grew very rapidly in the 1800s.  Yet an eyeball comparison of the "duration of recession" and "time since previous recession" in the period "free banking era to Great Depression" suggests that we were in recession nearly as often as we were in expansion.  And the figures given for contraction of business activity are enormous.  Put it all together, and you're suggesting that our economy grew at spectacular rates (such as 50%!) in the expansion years.  This is an untrue representation, and it's particularly appalling given this page's status as a featured list.  Is anybody listening, or do I need to take down the page?  Jlcfa (talk) 13:39, 2 September 2010 (UTC)
thread_title: The Big Lie

message: This list uses different markers to compare economic downturns throughout history. How can one compare free banking era recessions to central bank era recessions without being given the appropriate criteria?
If the list is going to exist, it should at least compare the same exact metrics across the board, and not use revised metrics where it's simply more convenient.  —Preceding unsigned comment added by 71.111.208.76 (talk) 02:17, 4 September 2010 (UTC)
thread_title: Useless Comparisons

message: I was trying to view the last table in order of "percent change in GDP" and the numbers are all sorts of wonky in the bottom half. What should be descending order is -2.7, -3.7, -3.2, -18.2, -5.1, -12.7, and -26.7. I looked at the coding and found that some of the numbers are entered into the sortable table incorrectly ('37, '58, and the late 2000s). I wanted to fix them but I didn't know which one was right. In looking through the talk page I noticed this seems to be a well written/edited article with a long history, so I figured somebody would know better than me which number is correct. I tried to figure out the first one on my own (because the '37-'38 recession is what led me to this list in the first place), but I got something completely different. :/ So yeah, any help? –MetallichickX (talk) 04:49, 20 October 2012 (UTC)
thread_title:  Table sorting issues 

message: The sentence "The crisis led to the failure or collapse of many of the United States' largest financial institutions: Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers, Citi Bank and AIG" at least implies that all of these organizations suffered the same fate or at least that they suffered a fate that was different than that suffered by organizations not in the list. Bear Stearns and Lehman Brothers are indeed gone; Fannie, Freddie, and AIG suffered but are still going; Citibank (note the single word spelling) had become Citigroup well before the time in question and it still does deposit my paycheck on a regular basis so it and I both believe that Citi is a going concern. Bear Stearns was sold to JPMC and Lehman Brothers is just plain dead so the list probably needs to separate the survivors from the others. More significantly, there were institutions that suddenly became banks so as to take part in the TARP program and that is a pretty significant item that I don't see mentioned. Docdave (talk) 00:56, 18 August 2014 (UTC)
thread_title:  Not Quite Dead Yet 

message: I think the following should be removed:
"While recessions may be viewed as undesirable, some people benefit from them. Modern recessions tend to create monetary winners and losers by rapidly shifting assets. Recessions harm middle-class and lower earners the most, and upper earners may lose small businesses and have greater assets at risk. But wealthy individuals and cash-rich companies can benefit dramatically from the results of a recession by buying commercial properties at tremendous discounts and waiting just a few years for property values to return, multiplying their wealth. Large corporations benefit by eliminating or absorbing competitors and by trimming labor and other costs. The overall result is a transfer of assets from the general populace to the wealthy."
No citation, written informally, and sounds a lot like someone's opinion.
152.17.59.182 (talk) 04:22, 23 January 2015 (UTC)
thread_title:  "Impacts on Different Groups" 

message: Hello fellow Wikipedians,
I have just added archive links to  on List of recessions in the United States. Please take a moment to review my edit. If necessary, add  after the link to keep me from modifying it. Alternatively, you can add  to keep me off the page altogether. I made the following changes:
*Added archive https://web.archive.org/20080925210636/http://www.nber.org/cycles.html to http://www.nber.org/cycles.html
When you have finished reviewing my changes, please set the checked parameter below to true to let others know.
Cheers. —cyberbot IITalk to my owner:Online 17:59, 19 October 2015 (UTC)
thread_title:  External links modified 

message: displaying code:  Cite error: Invalid <ref> tag; name "Thorp" defined multiple times with different content
I don't know how to fix it. 96.28.39.103 (talk) 00:03, 3 October 2016 (UTC)
thread_title:  The second entry in the notes section is displaying incorrectly 

message: Can someone start preparing a section for the Trump Slump, probably in 18 months time???
Combination of higher interest rates, higher borrowing in 2019/2020, likely to lead to slowdown after 9-10 years of growth.  — Preceding unsigned comment added by 109.153.34.18 (talk) 23:52, 15 March 2017 (UTC)
thread_title:  The Trump Slump 

message: Hello fellow Wikipedians,
I have just modified 3 external links on List of recessions in the United States. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
*Added archive https://web.archive.org/web/20090427161827/http://eh.net/encyclopedia/article/whitten.panic.1893 to http://eh.net/encyclopedia/article/whitten.panic.1893
*Added archive https://web.archive.org/web/20101113080634/http://findarticles.com/p/articles/mi_hb5814/is_n3_v29/ai_n28604039/ to http://findarticles.com/p/articles/mi_hb5814/is_n3_v29/ai_n28604039/
*Added archive https://web.archive.org/web/20091010043009/http://fpc.state.gov/documents/organization/7962.pdf to http://www.fpc.state.gov/documents/organization/7962.pdf
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.
Cheers.—InternetArchiveBot (Report bug) 09:04, 12 May 2017 (UTC)
thread_title:  External links modified 

message: Hello fellow Wikipedians,
I have just modified one external link on List of recessions in the United States. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
*Added archive https://web.archive.org/web/20091122134332/http://research.stlouisfed.org/publications/review/03/09/Kliesen.pdf to https://www.research.stlouisfed.org/publications/review/03/09/Kliesen.pdf
When you have finished reviewing my changes, you may follow the instructions on the template below to fix any issues with the URLs.
Cheers.—InternetArchiveBot (Report bug) 23:28, 27 January 2018 (UTC)
thread_title:  External links modified (January 2018) 

message: The tables' layout is poorly thought out, wastes a lot of space, and compresses a lot of text into a narrow column. 
:Name 	Period Range 	Duration (months) Time since previous recession 	
The first column, Name, can hold also dates, eliminating Period Range, and the Duration and Time since previous recession columns can be eliminated as they are superfluous and redundant.
:Business activity [nb 3] Trade & industrial activity[nb 3] 	Characteristics 
Business activity and Trade and industrial activity can be compressed into one column, or the second can be eliminated, as in most rows this entry is blank.-Inowen (nlfte) 08:57, 29 January 2019 (UTC)
thread_title:  Tables 

message: To date, the NBER has never declared a recession shorter than 6 months (the 1980 recession); the next shortest is 8 months.  NBER doesn't use the Econ 101 "two quarters of negative GDP" definition, but instead looks at month-by-month economic indicators to determine exactly which months the economy peaked & bottomed.
* https://www.nber.org/cycles.html
* The NBER does not define a recession in terms of two consecutive quarters of decline in real GDP. Rather, a recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. 
The US economy likely peaked in mid-March, before all the stay-at-home orders started, and bottomed in mid- to late-April, when the first states began to reopen. This 5- or 6-week peak-to-bottom is likely too short to be a recession, though NBER will make the final judgment, possibly months if not years after the fact.  For the time being, I believe the "COVID Recession" should not be listed on this page, until/unless it is made official.
Aaaaaabbbbb111 (talk) 04:15, 23 May 2020 (UTC)
replies: text: This has been up for 18 months and there has been no further comment?  He's right. The alleged "Covid Recession" does not meet any definition for recession and should not be on this list.  -134.167.1.1 (talk) 20:21, 22 November 2021 (UTC)
thread_title:  2020 might not be an official recession 

message: Did the COVID pandemic US recession really end within 2 Months from Feb to April 2020? That seems impossible and incredible. Please stop switching the end date from Ongoing to April 2020 without bringing any credible proof.69.244.83.111 (talk) 19:38, 30 August 2021 (UTC)
thread_title:  Covid Pandemic US recession end date 

message: Suggested change to the "Characteristics" section in the list entry for "1828–1829 recession":
The citation as follows can be added to the final sentence (after footnote #9 -- Thorp, Willard Long). 
In addition, the following sentence can be added, with the same citation:
Textile manufacturers in England and New England were particularly impacted by this recession. Grisé (talk) 17:41, 30 December 2021 (UTC)
replies: text: I do not see any errors in Notes section. Ruslik_Zero 19:41, 30 December 2021 (UTC)
thread_title:  Semi-protected edit request on 30 December 2021 

message: There are no sources for this term, it's literally just something whoever wrote the overly-lengthy section on covid made up. Someone needs to edit that beast down to size and remove the "internet expert" additions like 'micro depression', a black swan event isn't remotely comparable to the 2008 or 1929 recessions.173.66.17.167 (talk) 19:17, 29 January 2022 (UTC)
thread_title:  Micro Depression 

message: Since there are no article hyperlink for Covid Recession Theory, It'd be best to change it back to Covid Recession  — Preceding unsigned comment added by 2601:40:801:3:39A0:1197:DEBF:1E00 (talk) 14:13, 28 March 2022 (UTC)
thread_title: Covid Recession Theory

message: The Covid recession in US isn’t over yet. 
Proof: https://www.reuters.com/business/is-it-over-yet-still-no-recession-end-date-us-economy-hums-along-2021-05-04/ 
Please comment evidence links below to prove that the Covid Recession ended on April 2020.  Jackthekim (talk) 18:26, 30 March 2022 (UTC)
replies: text: In the US the NBER (National Bureau of Economic Research) is the official arbiter of when a recession begins and ends. The NBER concluded back in 2021 that the Covid recession lasted 2 months.  https://www.nber.org/research/data/us-business-cycle-expansions-and-contractions 65.78.16.216 (talk) 04:50, 31 March 2022 (UTC)
replies: text: https://www.nber.org/news/business-cycle-dating-committee-announcement-july-19-2021 65.78.16.216 (talk) 05:36, 31 March 2022 (UTC)
thread_title: Update Covid Recession duration

message: Please do not delete the covid 2020 recession from table. 
Business Cycle Dating Committee Announcement July 19, 2021 
"...Nonetheless, the committee concluded that the unprecedented magnitude of the decline in employment and production, and its broad reach across the entire economy, warranted the designation of this episode as a recession, even though the downturn was briefer than earlier contractions.
https://www.nber.org/news/business-cycle-dating-committee-announcement-july-19-2021 138.75.15.127 
(talk) 14:06, 7 May 2022 (UTC)
thread_title: Covid Recession in 2020 is classified as recession according to NBER