Economy · Recession and financial conditions
| Year | Average | Year close |
|---|---|---|
| 1967 | 0.29% | 0.02% |
| 1968 | 0.14% | 0.12% |
| 1969 | 8.36% | 44.96% |
| 1970 | 44.16% | 0.00% |
| 1971 | 0.18% | 0.00% |
| 1972 | 0.02% | 0.00% |
| 1973 | 3.37% | 36.74% |
| 1974 | 61.10% | 100.00% |
| 1975 | 25.82% | 0.00% |
| 1976 | 0.05% | 0.00% |
| 1977 | 0.20% | 1.36% |
| 1978 | 1.53% | 0.32% |
Source: FRED RECPROUSM156N (Smoothed U.S. Recession Probabilities). Federal Reserve Bank of St. Louis.
Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).
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