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October 2008 — Malloy and Company

The US Economy

By | Environmental Sustainability

We all know that our economy has had its ups and downs, and we are definitely in a down cycle! I was just at an investment conference and there are a few data points that I would like to share with you. A boom is a period of economic growth while a bust is a long term cycle of contraction. From 1854 to 1945 that boom/bust lasted 21 months. Now fast forward to after WW II and the expansions have lasted about 50 months and the contractions have lasted 11 months. Read More