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Recession 2008


The Recession of 2007–2009: BLS Spotlight on Statistics

138 million in January 2008 (the month after the start of the recession). During the recession, the number of job openings decreased 44 percent while employment.

Chart Book: Tracking the Post-Great Recession Economy

For most of the period from late 2008 through early 2021, inflation was lower than the Fed's 2 percent target rate. Therefore, the accommodative ...

The 2008 Housing Crisis - Center for American Progress

The FHA's financial health suffered as homebuyers who purchased loans during the Great Recession began to default in larger numbers. The FHA has ...

Permanent and Transitory Effects of the 2008–09 Recession

In this Economic Letter, we assess the permanent and transitory effects of the GFC and the ensuing recession on output (GDP) in the United States.

It's official: U.S. in a recession since December 2007 - Dec. 1, 2008

The National Bureau of Economic Research said Monday that the US has been in a recession since December 2007, making official what most Americans have already ...

Great Recession: Key Facts and Future Tools - Brookings Institution

During the worst part of the Great Recession, virtually every segment of the U.S. economy was adversely affected. Employment losses were severe, ...

Financial Crisis of 2008 - Econlib

Every idea or theory put forth as a cause for this most recent 2008 recession, or any other business recession, contains an implicit recommendation for a cure.

How to Survive a Recession and Thrive Afterward

So when the Great Recession hit, in 2008, the company took a different approach, as Sandra J. Sucher and Shalene Gupta describe in their 2018 HBR article ...

The Great Recession (article) - Khan Academy

The recession of 2007-2008. The US economy was already tipping into recession by 2007. Consumer spending was down, unemployment was up, and the financial ...

The Great Recession Worldwide - Statistics & Facts | Statista

The Great Recession of 2008-2009 was a period of global economic contraction, precipitated by the financial crisis that swept Wall Street and the global ...

No, now is not the time for a 2008 recession panic - NewsNation

Stocks slipped Monday after last week's underwhelming jobs report reignited recession fears, but experts say it's not time to hit the panic button.

A Decade After the Global Recession - World Bank

"Just as the 2008 global financial crisis caught the world by surprise, the aftermath of the crisis has proved to be both puzzling and disappointing. This book ...

The 2008 recession 10 years on - Office for National Statistics

The UK economy took five years to get back to the size it was before the recession. The latest data show that the UK economy is now 11% bigger than it was ...

The Global Consequences of a Financial Crisis - CFR Education

What caused the Great Recession of 2008? Learn why a financial crisis can spread around the world with our modern globalized economy.

How the Great Recession Changed American Workers

Technically speaking, the financial crisis of 2008, the biggest economic meltdown in the U.S. since the Great Depression, lasted a little more ...

What Was the Great Recession? How Did It Affect the World?

On December 1, 2008, the National Bureau of Economic Research officially declared that the U.S. economy had entered a recession as of December ...

Why did the global financial crisis of 2007-09 happen?

Then, in September 2008, US bank Lehman Brothers filed for bankruptcy and the global financial system went into meltdown. The standard ...

Economic Rescue, Recovery, and Rebuilding on a New Foundation

In 2008, the American people turned to Barack Obama to lead the country ... Recession in 2009 and 2010. Cut the payroll tax for everyone who pays it ...

43. Great Depression vs. Great Recession

In the Great Depression from 1929 to 1933, the price level fell by 22 percent and real GDP fell by 31 percent. In the 2008-2009 recession, the price level rose ...

Impacts of the 2008 Great Recession on dietary intake: a systematic ...

Conclusions. The 2008 recession was associated with diverse impacts on diets. Calorie intake decreased in high income countries but increased in ...