I like perspective. Putting the incessant reports on a possible recession into context helps one,  at the east emotionally, steer the course for what we are in and possibly heading into. I have the Edward Jones link at the end of the article, to read in its entirety. DD   Figure 1. Recessions are, on average, 10 months long, but have varied in length and magnitude. Source: FactSet.  These two charts show the length of recessions in months, with the longest in 2007 at 18 months and the shortest in 2020 at 2 months, while the average around 10 months, and the magnitude of recessions with the 2020 being the most severe at -10%. Read this article in full Edward Jones Insights Dawn Deegan is Broker Associate REALTOR with Premier Sotheby's International Realty, in Dr. Phillips, Orlando, FL. Dawn holds the designations of ABR (Accredited Buyer Representative); CRS (Certified Residential Specialist); GRI (Graduate Realtor® Institute),; SFR (Short Sale Foreclosure Resource); SRS (Seller