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- The Great Recession and Its Aftermath - Federal Reserve History
Like the Great Depression of the 1930s and the Great Inflation of the 1970s, the financial crisis of 2008 and the ensuing recession are vital areas of study for economists and policymakers While it may be many years before the causes and consequences of these events are fully understood, the effort to untangle them is an important opportunity
- The Great Recession - Federal Reserve History
The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II Beyond its duration, the Great Recession was notably severe in several respects
- U. S. Recessions Throughout History: Causes and Effects
The COVID-19 recession was the shortest on record, while the Great Recession of 2007-2009 was the deepest since the downturn in 1937-1938 Federal Reserve History "Recession of 1937–38 "
- List of recessions in the United States - Wikipedia
In the Great Depression, GDP fell by 27% (the deepest after demobilization is the recession beginning in December 2007, during which GDP had fallen 5 1% by the second quarter of 2009) and the unemployment rate reached 24 9% (the highest since was the 10 8% rate reached during the 1981–1982 recession)
- Great Recession Timeline - Recovery, US 2008 - HISTORY
Here are some of the most important milestones in a Great Recession timeline of the financial crisis—also known as the 2008 recession—which lasted in the United States from mid-2007 to June of
- Federal Reserve History
Federal Reserve History
- Recessions and Depressions - Federal Reserve History
The worst downturn in U S history lasted from 1929 to 1941 Great Recession This 2007-09 economic downturn was the longest since WWII Great Recession and After
- 13 US Economic Recessions Since the Great . . . - HISTORY
There were two major causes of this 10-month recession, during which GDP declined 2 4 percent and unemployment reached nearly 7 percent The first was what economists call a “rolling adjustment
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