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The recession coincided with a major panic, the date of which may be more easily determined than general cycle changes associated with other recessions. [8] 1828–1829 recession 1828–1829 ~1 year ~2 years In 1826, England forbade the United States to trade with English colonies, and in 1827, the United States adopted a counter-prohibition.
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Great Recession in the United States (2 C, 43 P) Pages in category "Recessions in the United States" The following 18 pages are in this category, out of 18 total.
In the United States, the Great Recession was a severe financial crisis combined with a deep recession. While the recession officially lasted from December 2007 to June 2009, it took many years for the economy to recover to pre-crisis levels of employment and output.
The recession did not show up until 2009, but the recession already slowed down in 2008. The country had a positive growth of 1.5% in 2008 compared to a 3.3% in 2007, by 2009 the economy had shrunk by 6.5%, a percentage bigger than that of the 1994-1995 crisis [ 18 ] and the largest in almost eight decades and registering an inflation of 3.57% ...
Although the signs of a recession can be easily observed by anyone, this phase of the economic cycle must be declared by the National Bureau of Economic Research before the nation can be ...
When the bubble popped, as they always do, the United States government felt obliged to nationalize the world's largest insurance company, American InternationalGroup (NYS: AIG) , and bail out ...
A major reason the state withstood the recession well was the increase in oil production through fracking in the Bakken shale, which made North Dakota the nation's fourth-largest oil producer last ...
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