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The American Civil War ended in April 1865, and the country entered a lengthy period of general deflation that lasted until 1896. The United States occasionally experienced periods of recession during the Reconstruction Era. Production increased in the years following the Civil War, but the country still had financial difficulties. [19]
From the trough of the recession of 1945 to the late-2000s recession, there have been eleven periods of expansion, lasting an average of fifty-nine months. [1] Included during this period is the post–World War II economic expansion through the 1973–75 recession, a period of stagflation between 1974 and 1981, and the Great Moderation from ...
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1 year, 4 months. The Great Depression–Late ’30’s. May 1937. June 1938. 1 year, 1 month. The Late ’60’s Recession. December 1969. November 1970. 11 months. The Late ’40’s Recession ...
Worst time period: 1980-82. The 21-month recession, which didn’t bottom out until August 1982, saw the S&P 500 drop 27.8%, from 140.52 to 101.44. ... .46 in 2001 and then crashed to 776.76 over ...
The U.S. economy could have entered a recession before the calendar turned to 2022.
Panic of 1825, a pervasive British recession in which many banks failed, nearly including the Bank of England Panic of 1837 , a U.S. recession with bank failures, followed by a 5-year depression Panic of 1847 , started as a collapse of British financial markets associated with the end of the 1840s railway industry boom
The US economy lost more than 9 million jobs in 2020, the largest calendar-year decline on record, according to the Bureau of Labor Statistics. The biggest loss came in the leisure and hospitality ...