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    Great Recession in the United States - Wikipedia

    In the United States, the Great Recession was a severe financial crisis combined with a deep recession. While the recession officially lasted from December 2007 to June 2009, it took many years for the economy to recover to pre-crisis levels of employment and output. This slow recovery was due in part to … See more

    After the Great Depression of the 1930s, the American economy experienced robust growth, with periodic lesser recessions, for the rest of the 20th century. The federal… See more

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    Federal Reserve Chair Ben Bernanke testified in September 2010 regarding the causes of the crisis. He wrote that there were shocks or triggers (i.e., particular events that touched … See more

    The Federal Reserve, Treasury, and Securities and Exchange Commission took several steps on September 19 to intervene in the … See more

    The vast majority of economic historians believe the Great Recession was the second worst contraction in… See more

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    In the early months of 2008, many observers believed that a U.S. recession had begun. The collapse of Bear Stearns and the resulting financial market turbulence signaled … See more

    On December 1, 2008, the National Bureau of Economic Research (NBER) declared that the United States entered a recession in December 2007, citing employment and… See more

    The recession officially ended in the second quarter of 2009, but the nation's economy continued to be described as in an "economic malaise" during the second quarter of 2011. Some economists described the post-recession… See more

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  5. The Great Recession (article) | Khan Academy

    webOverview. The Great Recession of 2007-2009 was the worst global economic crisis since the Great Depression in the 1930s. The recession resulted from a combination of tax cuts, spending increases, and the …

  6. How the US Got Out of 13 Economic Recessions Since …

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  7. 2008 Recession: What it Was and What Caused It

    webDec 18, 2023 · The Great Recession refers to the economic downturn from 2007 to 2009 after the bursting of the U.S. housing bubble and the global financial crisis. The Great Recession was the most severe...

  8. Great Recession - Wikipedia

    webThough 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 …

  9. US Recessions Throughout History: Causes and Effects

    webSep 8, 2023 · Surveying Past U.S. Recessions. Let's take a look at all official U.S. recessions since the Great Depression, focusing on common measurements of their severity as well as causes. Duration: How...

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