1969 Recession (1 dic 1969 año – 1 nov 1970 año)
Descripción:
Lasted 11 months
followed a lengthy expansion
At the end of the expansion, inflation was rising, possibly a result of increased deficits.
coincided with an attempt to start closing the budget deficits of the Vietnam War (fiscal tightening) and the Federal Reserve raising interest rates (monetary tightening)
Añadido al timeline:
fecha:
1 dic 1969 año
1 nov 1970 año
~ 11 months
Fotos:
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