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.
Here are the cold, hard facts on where the economy stands, according to the most recent data: The S&P 500 lost more than half its value between December 2007 and March 2009. Since then, stocks have not only recovered their recession losses, but have also stretched to new record highs. The jobs recovery has not been as robust. Rather, it's been a slow, long haul.