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The recession data for the overall G20 zone (representing 85% of all GWP), depict that the Great Recession existed as a global recession throughout Q3 2008 until Q1 2009. Subsequent follow-up recessions in 2010–2013 were confined to Belize, El Salvador, Paraguay, Jamaica, Japan, Taiwan, New Zealand and 24 out of 50 European countries ...
The recession officially ended in the second quarter of 2009, [3] but the nation's economy continued to be described as in an "economic malaise" during the second quarter of 2011. [80] Some economists described the post-recession years as the weakest recovery since the Great Depression and World War II.
The National Bureau of Economic Research, the arbiter of when recessions begin and end, has reported that the Great Recession ended June 2009. In a report released Monday, the NBER's Business ...
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% [19]
The recession is officially over but the misery remains. At least, that's the view of 80 percent of the 52 private economists surveyed by Blue Chip Economic Indicators. They expect gross domestic ...
Federal Reserve Chairman Ben Bernanke said Tuesday that the Great Recession has "very likely" ended -- and as the most famous student of the Great Depression, one would presume that he should know.
In October 2009, news reports announced that some employers who cut jobs due to the recession are beginning to hire them back. More recently, economists announced in January 2010 that economic growth in the U.S. resumed in the fourth quarter of 2009, [22] and some have predicted that limited job growth will begin in the spring of 2010. [23]
According to a survey of leading economists conducted by the National Association for Business Economics, the recession will end in the third quarter of 2009; that is, by the end of September. A