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Longer not stronger… WSJ

You are here: Home / Commodity Research / Longer not stronger… WSJ

July 26, 2019 by Jim Colburn Leave a Comment

Jeffrey Sparshott, Wall Street Journal, covers today’s GDP release, here…

”The expansion that started in mid-2009 is officially tied for the longest on record. It’s also the weakest. The economy grew about twice as much during the shorter-lived 1961-1969 expansion, one of the most robust periods of growth at least since World War II. On the bright side, this one shows no signs of quitting. The 1991-2001 stretch petered out after 40 quarters. The current expansion appears to be cruising easily into its 41st.”

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