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The 1990s economic boom in the United States was a major economic expansion that lasted between 1993 and 2001, coinciding with the economic policies of the Clinton administration. It began following the early 1990s recession during the presidency of George H.W. Bush and ended following the infamous dot-com crash in 2000.
July 1990 marked the end of what was at the time the longest peacetime economic expansion in U.S. history. [2] [5] Prior to the onset of the early 1990s recession, the nation enjoyed robust job growth and a declining unemployment rate. The Labor Department estimates that as a result of the recession, the economy shed 1.623 million jobs or 1.3% ...
The past can be quite fascinating.Those of us living in the present find it really interesting what life was like 50, 100, or even a 1,000 years ago. Luckily, we can go almost 200 years to the ...
1998 — In the 1998 United States elections, the Republicans hold both the House and the Senate. 1998-1999 — Clinton-Lewinsky scandal: President Clinton is accused of having a sexual relationship with 22-year-old White House intern Monica Lewinsky. This leads to the impeachment of Clinton later in the year by the U.S. House of Representatives.
A year many economists expected to end in recession instead resulted in one of the most robust years for the US economy ... in 2021 and 2022, the most recent year was the ... in history. In fact ...
June – The last month of the 1980s business cycle expansion, at the time the second-longest expansion in American history (the 1960s expansion was a year longer), comes to an end; the unemployment rate is 5.2%.
The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second ...
The economic history of the United States began with British settlements along the Eastern seaboard in the 17th and 18th centuries. After 1700, the United States gained population rapidly, and imports as well as exports grew along with it. Africa, Asia, and most frequently Europe, contributed to the trade of the colonies. [91]