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  2. Early 1980s recession in the United States - Wikipedia

    en.wikipedia.org/wiki/Early_1980s_recession_in...

    Ronald Reagan, who had assumed office in January 1981, brought his own economic plan to the table. In August 1981, the president signed the Economic Recovery Tax Act of 1981, a three-year tax cut plan. [12] As the recession deepened in 1982, Reagan's approval rating also dropped.

  3. Early 1980s recession - Wikipedia

    en.wikipedia.org/wiki/Early_1980s_recession

    The early 1980s recession was a severe economic recession that affected much of the world between approximately the start of 1980 and 1982. [1] [2] [3] It is widely considered to have been the most severe recession since World War II until the 2007–2008 financial crisis.

  4. 1982 in the United States - Wikipedia

    en.wikipedia.org/wiki/1982_in_the_United_States

    November 2 – United States elections, 1982. The Republican Party loses 27 seats to the majority Democratic Party in the House . November 3 – The Dow Jones Industrial Average surges 43.41 points, or 4.25%, to close at 1,065.49, its first all-time high in more than 9 years.

  5. List of recessions in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_recessions_in_the...

    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 ...

  6. History of the United States (1980–1991) - Wikipedia

    en.wikipedia.org/wiki/History_of_the_United...

    By early 1982, Reagan's economic program was beset with difficulties as the recession that had begun in 1979 continued. In the short term, the effect of Reaganomics was a soaring budget deficit . Government borrowing, along with the tightening of the money supply, resulted in sky high interest rates (briefly hovering around 20 percent) and a ...

  7. The US labor market just had one of its best years of the ...

    www.aol.com/finance/us-economy-added-2-7...

    The US labor market just finished a year that many thought would see a recession with one of the highest 12-month job totals seen in the last decade.. Including an unexpectedly strong December ...

  8. GDP: US economy grows at slower-than-expected pace in ... - AOL

    www.aol.com/finance/gdp-us-economy-grows...

    The Bureau of Economic Analysis's advance estimate of third quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.8% during the period, below the 2.9% growth ...

  9. List of economic expansions in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_economic...

    The United States exited recession in late 1949, and another robust expansion began. This expansion coincided with the Korean War, after which the Federal Reserve initiated more restrictive monetary policy. The slowdown in economic activity led to the recession of 1953, bringing an end to nearly four years of expansion. May 1954– Aug 1957 39 ...