Bank Directors Seminar, Coeur d'Alene, ID, September 15-17, 2019

Length of U.S. Recessions

1948-49 1953-54 1957-58 1960-61 1969-70 1973-75 1980 1981-82 1990-91 2001 2008-09

0

2

4

6

8

10

12

14

16

18

20

Months

7

Length of U.S. Recessions

1929-33 1937-38 1945 1948-49 1953-54 1957-58 1960-61 1969-70 1973-75 1980 1981-82 1990-91 2001 2008-09

0

5

10

15

20

25

30

35

40

45

50

Months

8