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The National Bureau of Economic Research wrote in an announcement on July 19 that the pandemic
recession only lasted two …
Good Subscriber Account active since The National Bureau of Economic Research wrote in an announcement on July 19 that the pandemic recession only lasted two months, from February 2020 to April 2020. That makes this the shortest recession in US history. NBER added in its announcement that the previous shortest recession, between January 1980 and July 1980, was six months long. NBER defines a recession usually as “a decline in economic activity that lasts more than a few months.” But the pandemic was a unusual situation.
