1 Do not capitalize general positions or titles. For example, capitalize Mother when that is the name a person uses to address his or her mother.  Capitalize positions or titles when they refer to specific people or agencies, such as Social Security Administrator or Agency (referring to a specific agency).
This recession lasted ten months (July 1953 - May 1954). It resulted from the demobilization after the Korean War. Unemployment didn't reach its peak of 6.1 percent until September 1954, four months after the recession ended. GDP contracted 2.2 percent in Q3, 5.9 percent in Q4, and 1.8 percent in Q1 1954.
By Mr Gordon's calculations, much of the data point to June 2009 as the likely recession end-date. Since then the American economy has seen a net deterioration in employment by about 900,000 workers. The performance is by far the worst nine-month stretch following a recession of any post-war downturn (see chart).