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"If one looks at historical numbers of the past US recessions, the country faced a recession anywhere between 8-16 months. In 2000-01, it faced 8 months of recession, in 1990-91 about 8 months, and 1981-82 about 16 months. Historically, that is how long recession has lasted."

"Some people in the US say it could last for 3-4 quarters...This recession is compared to that of 2000-01 and 1969-70"

SOURCE: http://www.moneycontrol.com/India/news/market-outlook/us-recession-could-last-for-3-4-quarters/12/00/326369

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