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The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009. [1] The scale and timing of the recession varied from country to country (see map).
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.
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 2007 to mid-2009, the most severe downturn since the 1929 Wall Street crash and Great Depression.
The Great Recession began in December 2007. That's when the official scorekeepers at the National Bureau of Economic Research said it began, anyway. It "officially" ended in June 2009, but ...
US Bear market of 2007–2009. The US bear market of 2007–2009 was a 17-month bear market that lasted from October 9, 2007 to March 9, 2009, during the 2007–2008 financial crisis. The S&P 500 lost approximately 50% of its value, but the duration of this bear market was just below average.
The Great Recession of 2007-09 turned retirement dreams into nightmares. Stocks plunged as the government took over Fannie Mae and Freddie Mac, Lehman Brothers went bankrupt, and the Reserve ...
The National Bureau of Economic Research, the arbiter of when recessions begin and end, has reported that the Great Recession ended June 2009. In a report released Monday, the NBER's Business ...
This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009. The list includes banks (including savings and loan associations, commercial banks and investment banks), building societies and insurance companies that were: