From the time the Great Recession started ... the Great Depression. But income disparity flattened out considerably in the post–World War II years, as this chart from The New York Times ...
A recession is two consecutive quarters of economic contraction, or gross domestic product declining year-over-year (see our explainer on recessions). And a depression is simply a recession with ...
In particular, a recession is usually associated with a decline of 2 percent in GDP (see chart). In the case of severe recessions ... with turmoil in financial markets. What about a depression? The ...
The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.
The chart below shows the history of technical recessions for each country tracked in the OECD's database of quarterly real GDP growth rates going back to 1960. The impact of the Great Recession ...
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This chart shows why the Fed’s rate-hike campaign hasn’t generated a recessionOne of the enduring puzzles of the current economic strength is how little impact the Fed’s rate hikes seemed to have caused — not generating the recession or crisis that every previous hiking ...
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