Recession of 1937–38 Federal Reserve History

Lasting from May 1937 until June 1938, this recession was America’s third-worst downturn of the 20th century. With real GDP dropping 10 percent and unemployment hitting 20 percent, it was less severe than the recessions of 1920 and 1929.

Recession: Definition, Causes, Examples and FAQs

What caused the recession of 1937-38?

Roosevelt's Recession: A Historical and Econometric Examination of the Roots of the 1937 Recession - Inquiries Journal

The New Deal: Retrospection, Realignment, or a Reconstituted Polity?

Gold sterilization and the recession of 1937–19381, Financial History Review

Why did the Great Depression happen? - by Maia Mindel

Roosevelt's Recession, 1937: Lasting History and Contested Policy

U.S. Economic Recessions: Causes, Impacts & History

Roosevelt's Recession: A Historical and Econometric Examination of the Roots of the 1937 Recession - Inquiries Journal

Hanke and Greenwood Predict Recession in 2024 - WSJ

How Long Do Recessions Last?