期刊名称：Federal Reserve Bank of St. Louis - Regional Economist
出版年度：2016
出版社：Federal Reserve Bank of St. Louis
摘要：T he U.S. economic expansion is into its eighth year, having registered its seven-year anniversar y in June 2016. From a historical perspect ive, the current expansion is long in the tooth. However, expansions do not ty pically die of old age. Instead, they end because of some u nforeseen disturbance t hat causes firms and ind ividuals to alter their planned expend itures and expectations of future incomes.
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