1969 Recession (1 dic 1969 anni – 1 nov 1970 anni)
Descrizione:
Lasted 11 monthsfollowed 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)
Aggiunto al nastro di tempo:
Data:
1 dic 1969 anni
1 nov 1970 anni
~ 11 months