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  2. Great Recession - Wikipedia

    en.wikipedia.org/wiki/Great_Recession

    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.

  3. Great Recession in the United States - Wikipedia

    en.wikipedia.org/wiki/Great_Recession_in_the...

    The Great Recession cost millions of jobs initially and high unemployment lingered for years after the official end of the recession in June 2009. One of the frightening aspects how deep the recession would go, which is one reason Congress passed and President Obama signed the American Recovery and Reinvestment Act (ARRA) in January 2009.

  4. Causes of the Great Recession - Wikipedia

    en.wikipedia.org/wiki/Causes_of_the_Great_Recession

    Recessions. Many factors directly and indirectly serve as the causes of the Great Recession that started in 2008 with the US subprime mortgage crisis.The major causes of the initial subprime mortgage crisis and the following recession include lax lending standards contributing to the real-estate bubbles that have since burst; U.S. government housing policies; and limited regulation of non ...

  5. Recessions Explained: Definition, Warning Signs and What ...

    www.aol.com/finance/recessions-explained...

    The Great Recession–aka The 2008 Financial Crisis. December 2007. June 2009. 1 year, 6 months. The Early ’80s Recession. July 1981. November 1982. 1 year, 4 months. The Mid-’70s Recession ...

  6. Recession - Wikipedia

    en.wikipedia.org/wiki/Recession

    In economics, a recession is a business cycle contraction that occurs when there is a period of broad decline in economic activity. [1] [2] Recessions generally occur when there is a widespread drop in spending (an adverse demand shock).

  7. Effects of the Great Recession - Wikipedia

    en.wikipedia.org/wiki/Effects_of_the_Great_Recession

    The Great Recession was the worst post-World War II contraction on record: [1] Real gross domestic product (GDP) began contracting in the third quarter of 2008, and by early 2009 was falling at an annualized pace not seen since the 1950s. [2]

  8. United States policy responses to the Great Recession

    en.wikipedia.org/wiki/United_States_policy...

    United States policy responses to the late-2000s recession explores legislation, banking industry and market volatility within retirement plans. The Federal Reserve, Treasury, and Securities and Exchange Commission took several steps on September 19, 2008, to intervene in the crisis caused by the late-2000s recession .

  9. There are a few reasons that the 10-year has advanced so quickly since last year, when it sat around 4%: Strong economic growth and elevated inflation tend to push yields higher.