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A depression is just a general term for a very bad recession. Here’s a look at the Great Depression and the Great Recession by the numbers: Economic Marker. The Great Depression.
Official economic data shows that a substantial number of nations were in recession as of early 2009. The US entered a recession at the end of 2007, [185] and 2008 saw many other nations follow suit. The US recession of 2007 ended in June 2009 [186] as the nation entered the current economic recovery.
Image source: Getty Images. Bad economy, bad stock market. At least on the surface, this is an easy question to answer. A bad economy nearly always translates to a bad stock market.
Recession Period. Start. End. Total Time Elapsed. The Great Depression–Late ’20s and Early ’30s. August 1929. March 1933. 3 years, 7 months. The Great Recession–aka The 2008 Financial Crisis
A study of mental health data in America from directly after the 2007–2008 financial crisis and the Great Recession, however, found that women experienced more stress than men because they were more likely to be the financial managers of the household and therefore felt the impact of the recession on household budgets more. [64]
Though no one knew they were in it at the time, the Great Recession had a significant economic and political impact on the United States. While the recession technically lasted from December 2007 – June 2009 (the nominal GDP trough), many important economic variables did not regain pre-recession (November or Q4 2007) levels until 2011–2016.
It may be impossible to predict whether a recession is coming in the next year or not, but there's still good news about the future of the market. Bear and bull figurines facing each other. Image ...
There's no doubt that recessions and inflation are both challenging to live through. During a recession, your job is at risk, your savings and emergency funds can dwindle, and bills pile up. You...