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Population growth was responsible for over three-quarters of the economic growth of the British American colonies. The free white population had the highest standard of living in the world. [5] [6] There was very little change in productivity and little in the way of introduction of new goods and services.
What growth occurred was unevenly distributed; roughly half of GDP growth from 2009 to 2015 went to the top 1% of households. [16] Unlike every previous post-war expansion, GDP growth remained under 3% for every calendar year. [17] Global growth would peak in 2017, resulting in a major synchronized slowdown that started in 2018.
The 1990s were the longest period of economic growth in American history up to that point. The collapse of the speculative dot-com bubble, a fall in business outlays and investments, and the September 11th attacks, [73] brought the decade of growth to an end. Despite these major shocks, the recession was brief and shallow.
This is an accepted version of this page This is the latest accepted revision, reviewed on 9 January 2025. "American history" redirects here. For the history of the continents, see History of the Americas. Further information: Economic history of the United States Current territories of the United States after the Trust Territory of the Pacific Islands was given independence in 1994 This ...
Gordon considers that the apparent increasing economic growth since 1970 is just a faint echo of a great wave of economic growth between 1920 and 1970. The first half of the book discusses the change in the American standard of living pre-WW2, with the second half dedicated to the remainder of the 'special century' and the years post-1970. [3] [4]
The American Pageant: A History of the Republic (15th ed.). Boston: Houghton Mifflin., university textbook; Lynch, Timothy J., ed. (2013). The Oxford Encyclopedia of American Military and Diplomatic History, 2 vol. Oup USA. ISBN 978-0199759255. Paxson, Frederic L. Recent History Of The United States 1865–1929 (1929) online old survey by scholar
The US economy closed out 2024 with another month of massive job growth, adding 256,000 positions in December. The unemployment rate dipped to 4.1% from 4.2%, wrapping up a year that marked a ...
The history of the United States from 1815 to 1849—also called the Middle Period, the Antebellum Era, or the Age of Jackson—involved westward expansion across the American continent, the proliferation of suffrage to nearly all white men, and the rise of the Second Party System of politics between Democrats and Whigs.