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1776-83
Revolutionary War boom
1784-88
Postwar depression and deflation; maritime
commerce prosperity
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1807-09
Embargo depression 1810-14
Uneven wartime prosperity 1815-19
Speculative boom 1819-22
Panic and depression
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1823-33
Gradual recovery 1833-34
Banking recession 1834-37
Speculative boom in land, banking, and transportation ends in panic
of 1837 1838-43
Depression
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1844-56
Recovery and business expansion
1857-60
Panic of 1857 and recovery
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1861-65
Civil war prosperity and inflation
1866-67
Postwar recession
1868-1873
Railroad boom
1873-78
Depression and deflation
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1879-93
Business expansion 1893-94
Widespread bankruptcies and depression 1895-06
Return of prosperity
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1909-18
Prosperity and war boom 1914-18
World War I
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1920-21
Sharp postwar recession
1922-29
Speculative boom
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1939-45
World War II; wartime recovery
1946-70
Postwar boom
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1950-56
Korean War and postwar readjustment
1957-58
Recession
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1958-70
Extended business expansion
1964-73
Vietnam War
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1970-80
Inflation rates increase, while economic growth slows
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1981-82
Recession
1983-90
Business expansion
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1990-91
Recession
1991-2000
Business expansion
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