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Bank run on the Seamen's Savings Bank during the panic of 1857. There have been as many as 48 recessions in the United States dating back to the Articles of Confederation, and although economists and historians dispute certain 19th-century recessions, [1] the consensus view among economists and historians is that "the [cyclical] volatility of GNP and unemployment was greater before the Great ...
The COVID-19 recession proved to be the shortest recession in US history but had the largest GDP decline since the 1945 recession. [19] The short-term economic effects of the COVID-19 pandemic included supply chain shortages , the collapse of many service and hospitality industries, and a dramatic rise in unemployment.
In September 2020, CNN reported: "Since 1945, the S&P 500 has averaged an annual gain of 11.2% during years when Democrats controlled the White House, according to CFRA Research. That's well ahead of the 6.9% average gain under Republicans." [3] Analysis conducted by S&P Capital IQ in 2016 found similar results since 1901. [23]
In the U.S., since 1854, when short-term interest rates have risen by 2.5 percentage points over a 24-month period, there has been a recession within three years around 69% of the time, according ...
The following articles contain lists of recessions: List of recessions in the United Kingdom; List of recessions in the United States
The most recent recessions in the U.S. economy are The Gulf War Recession which lasted for seven months from July 1990 to March 1991, The Dot Com Recession which also lasted for seven months from ...
Two recessions hit America in the 1960s, the first lasting from December 1961 to June 1962, and the second from November 1968 to May 1970. ... Worst Periods for the American Economy Since 1900 ...
Panic of 1825, a pervasive British recession in which many banks failed, nearly including the Bank of England Panic of 1837 , a U.S. recession with bank failures, followed by a 5-year depression Panic of 1847 , started as a collapse of British financial markets associated with the end of the 1840s railway industry boom