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20 December 2018 | Briefing note
The U.S. economic expansion, which is in its tenth year, is approaching record length but not strength. November marked the 113th month of growth for the U.S. economy, and there have been 38 consecutive quarters of growth. This is the second longest expansion on record, only the 1991-2001 expansion is longer, and it is expected to continue into next year and become the longest on record.