Feb 15, 2025 · Great Recession, economic recession that was precipitated in the United States by the financial crisis of 2007–08 and quickly spread to other countries. Beginning in late 2007 …

The combination of banks unable to provide funds to businesses, and homeowners paying down debt rather than borrowing and spending, resulted in the Great Recession. It began in the U.S. …

Nov 22, 2013 · In 2007, losses on mortgage-related financial assets began to cause strains in global financial markets, and in December 2007 the US economy entered a recession. That …

Sep 19, 2018 · In this brief, we review research from IRLE faculty affiliate and UC Berkeley sociologist Neil Fligstein on the root causes of the Great Recession. What caused the banking …

The 2008 financial crisis, also known as the global financial crisis, was a major worldwide economic crisis, centered in the United States, which triggered the Great Recession of late …

Nov 13, 2024 · What was the Great Recession? The Great Recession -- also called the financial crisis or the subprime mortgage crisis -- refers to the global economic downturn between 2007 …

Jul 28, 2022 · During a recession, companies fold, people lose their jobs, and manufacturing output declines on lower demand. The recession of 2007–2009, however, is known as the …

This article gives the timeline of the Great Recession, which hit many developed economies in the wake of the 2007–2008 financial crisis. Note: The date indicated is that of the official …

Economic downturns in American history have ranged from mild recessions to severe depressions. The worst downturn in U.S. history lasted from 1929 to 1941. This 2007-09 …

The Great Recession, in the United States, started in December 2007 and lasted until June 2009. It was the longest recession since the Great Depression in the 1930s. Real GDP shrank by …

Dow Jones Industrial Average figures for percentage lost in 1937–1943 vs 2008–2011 (based on initial 1937 and 2008 DJIA month end amount, respectively). Although some casual …

Unemployed people lined up outside a soup kitchen opened in Chicago by Al Capone during the Great Depression in February 1931. The Great Depression was a severe global economic …

On March 28 and April 10, 2013, the index's October 2007 closing and intraday trading highs, respectively, were surpassed for the first time, recovering all losses incurred during the Great …

The European debt crisis erupted in the wake of the Great Recession around late 2009, and was characterized by an environment of overly high government structural deficits and accelerating …

The early 1990s recession describes the period of economic downturn affecting much of the Western world in the early 1990s. The impacts of the recession contributed in part to the 1992 …