U.S. recessions have always rebounded with considerably longer expansions, wrote BlueRock in its mid-year outlook report.
There have been 10 recessions since 1950 averaging 10 months in length with an average GDP decline of 2.5 percent. The subsequent expansions averaged 69 months with an average GDP growth of nearly 25 percent. BlueRock expects if a recession does occur, it will be followed by another powerful economic expansion.
To read the full report, click here.