Economic Expansions and Recessions in Perspective

Edon Shaqiri
President









Comparing the decline in real GDP during the Great Depression (@ -26.7%) and the most recent recession (@ -4.1%) gives you an idea that even though our current conditions are unquestionably challenging, what most American's faced in the 1930s was much more severe and depressing.


Below is a visual provided by the JP Morgan Fund:


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Via JPMorgan Asset Management: Guide to the Markets