Recessions in New York State
| Comparison of U.S. and New York State Recessions | |||||
|---|---|---|---|---|---|
| Dates in U. S. (Peak-Trough) |
Length (months) |
Dates in NYS (Peak-Trough) |
Length (months) |
NYS Change in Jobs | |
| Net (in 1000s) | Percent | ||||
| Dec. '69 - Nov. '70 | 11 | Dec. '69 - Nov. '71 | 23 | -310.2 | -5.1% |
| Nov. '73 - Mar. '75 | 16 | Mar. '73 - Sept. '75 | 30 | -393.1 | -6.7% |
| Jan. '80 - Jul. '80 | 6 | Feb. '80 - Jul. '80 | 5 | -66.3 | -1.1% |
| Jul. '81 - Nov. '82 | 16 | Aug. '81 - Dec. '82 | 16 | -84.1 | -1.4% |
| Jul. '90 - Mar. '91 | 8 | Mar. '89 - Nov. '92 | 44 | -545.3 | -8.0% |
| Mar. '01 - Nov. '01 | 8 | Dec. '00 - Aug. '03 | 32 | -331.5 | -4.6% |
| Dec '07 - Jun. '09 | 18 | Apr. '08 - Nov. '09 | 19 | -324.6 | -4.4% |
Sources: National Bureau of Economic Research (U.S. dates) and New York State Department of Labor, Division of Research and Statistics (New York dates).