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A new indicator says there's a 40% chance the US is in a recession that started as early as March. The measure builds on the Sahm rule, using job-vacancy data in addition to unemployment data.
The 1948 recession was a brief economic downturn; forecasters of the time expected much worse, perhaps influenced by the poor economy in their recent lifetimes. [62] The recession also followed a period of monetary tightening. [40] Recession of 1953: July 1953 – May 1954 10 months 3 years 9 months 6.1% (September 1954) −2.6%
Current events; Random article; ... COVID-19 pandemic data/Georgia medical cases chart. ... Deaths Recoveries Active cases. 2020 2020 2021 2021 2022 2022. Feb Feb Mar ...
The COVID-19 pandemic was first detected in the U.S. state of Georgia on March 2, 2020. The state's first death came ten days later on March 12. As of April 17, 2021, there were 868,163 confirmed cases, 60,403 hospitalizations, and 17,214 deaths. [1]
The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.
Recovery from the recession began relatively quickly, with the recession only lasting one quarter according to the NBER. As of 2022, the unemployment rate reached its pre-pandemic levels - nevertheless, in many key aspects and industries, the U.S. economy has not completely recovered from the COVID-19 pandemic.
Recession Period. Start. End. Time Elapsed Total. The Great Depression–Late ’20’s and Early ’30’s. August 1929. March 1933. 3 years, 7 months. The Great Recession–aka The 2008 ...
Current events; Random article; ... COVID-19 pandemic data/United States/Georgia medical cases chart. ... Deaths Active cases. 2020 2020 2021 2021 ...