This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Recession of 1953" – news · newspapers · books · scholar · JSTOR(January 2016) (Learn how and when to remove this message)
The recession of 1953 was a period of economic downturn in the United States that began in the second quarter of 1953 and lasted until the first quarter of 1954. The total recession cost roughly $56 billion. It has been described by James L. Sundquist, a staff member of the Bureau of the Budget and speechwriter for President Harry S. Truman, as "relatively mild and brief."[1] The 1953 recession is an example of a V-shaped recession, with a sharp three quarter decline that is followed by a sharp recovery.
^James L. Sundquist, Politics and Policy: The Eisenhower, Kennedy, and Johnson Years, 1969, pg. 431, IBAN 0815782225
The recessionof1953 was a period of economic downturn in the United States that began in the second quarter of1953 and lasted until the first quarter...
There have been as many as 48 recessions in the United States dating back to the Articles of Confederation, and although economists and historians dispute...
In economics, a recession is a business cycle contraction that occurs when there is a general decline in economic activity. Recessions generally occur...
A global recession is recession that affects many countries around the world—that is, a period of global economic slowdown or declining economic output...
The early 2000s recession was a major decline in economic activity which mainly occurred in developed countries. The recession affected the European Union...
The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1982. It is widely...
severity of the preceding recession. An example of a V-shaped recession is the Recessionof1953 in the United States. In the early 1950s, the economy in the...
The recessionof 1958, also known as the Eisenhower Recession, was a sharp worldwide economic downturn in 1958. The effect of the recession spread beyond...
1990s recession describes the period of economic downturn affecting much of the Western world in the early 1990s. The impacts of the recession contributed...
entered a recession in 1990, which lasted 8 months through March 1991. Although the recession was mild relative to other post-war recessions, it was characterized...
list ofrecessions (and depressions) that have affected the economy of the United Kingdom and its predecessor states. In the United Kingdom a recession is...
The Great Recession was a period of marked general decline observed in national economies globally, i.e. a recession, that occurred in the late 2000s....
hold, the unemployment rate remained unchanged through the start of a second recession in July 1981. The downturn ended 16 months later, in November 1982...
A balance sheet recession is a type of economic recession that occurs when high levels of private sector debt cause individuals or companies to collectively...
The European recession is part of the Great Recession that began in mid-2007. The crisis spread rapidly and affected much of the region, with several...
the United States, the Great Recession was a severe financial crisis combined with a deep recession. While the recession officially lasted from December...
In economics, stagflation (or recession-inflation) is a situation in which the inflation rate is high or increasing, the economic growth rate slows, and...
In the history of the United Kingdom and the British Empire, the Victorian era was the reign of Queen Victoria, from 20 June 1837 until her death on 22...
finance and economics, the nominal interest rate or nominal rate of interest is the rate of interest stated on a loan or investment, without any adjustments...
standards or risk the "transformation of the free character of our economy". During the 1953–54 recession, the CEA, headed by Arthur Burns, deployed non-traditional...
during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries,[specify] the negative effects of the Great Depression...
Consumers don't cause recessions Archived 2009-04-29 at the Wayback Machine by Robert P. Murphy (an Austrian School critique of the paradox of thrift)...
expected to enter a recession and the Federal Reserve reduces interest rates to stimulate the economy and pull it out ofrecession. In that scenario, expected...