Has Australia Really Had a 28-Year Expansion?
By Paulina Restrepo-Echavarria, Senior Economist, and Brian Reinbold, Research Associate
„In July, the U.S. officially entered its longest expansion on record. Naturally, many are wondering if the expansion is sustainable. When asking this question, many turn to the Australian case, as it has been argued that Australia hasn’t had a recession in 28 years. But is this really the case?“ (…)