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Recession of 1969-70 (dec 1, 1969 – nov 1, 1970)

Description:

At the end of the expansion, inflation was rising, possibly a result of increased deficits. It coincided with an attempt to start closing the budget deficits of the Vietnam War and the Federal Reserve raising interest rates.

Added to timeline:

Date:

dec 1, 1969
nov 1, 1970
~ 11 months

Images: