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Events from the year 2009 in the United States. The inauguration of Barack Obama as the president, occurred on January 20. The nation, still recovering from the Great Recession, received various economic stimuli through the American Recovery and Reinvestment Act of 2009 and similar legislation, which most notably gave Americans tax credits.
Several major U.S. economic variables had recovered from the 2007-2009 Subprime mortgage crisis and Great Recession by the 2013-2014 time period. The recession officially ended in the second quarter of 2009, [ 3 ] but the nation's economy continued to be described as in an " economic malaise " during the second quarter of 2011. [ 80 ]
Download as PDF; Printable version; ... Pages in category "2009 in economic history" The following 38 pages are in this category, out of 38 total. ... United States ...
Though 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 nominal GDP trough), many important economic variables did not regain pre-recession (November or Q4 2007) levels until 2011–2016.
The United States federal budget for fiscal year 2009 began as a spending request submitted by President George W. Bush to the 110th Congress. The final resolution written and submitted by the 110th Congress to be forwarded to the President was approved by the House on June 5, 2008.
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The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]