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.

Why did the Great Depression happen? - by Maia Mindel

Great Depression - Stock Market Crash, Unemployment, Poverty

The Recession of 1937-1938 (HOM 34-C)

Great Depression - Stock Market Crash, Unemployment, Poverty

How Long Do Recessions Last?

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Hanke and Greenwood Predict Recession in 2024 - WSJ

When does a recession become a depression?

Recession History Pt. 3: 1980-1982 - Forbes Wealth Blog

The Fed's at Risk of Repeating Its 1937 Mistake

Recession of 1937–38 Federal Reserve History