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The recession was short, but extremely painful. The year 1920 was the single most deflationary year in American history; production, however, did not fall as much as might be expected from the deflation. GNP may have declined between 2.5 and 7 percent, even as wholesale prices declined by 36.8%. [32]
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 ...
View history; Tools. Tools. move to sidebar hide. Actions Read; Edit; ... List of recessions in the United States This page was last edited on 18 April 2022, at 04: ...
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 ...
The Early ’80s Recession. July 1981. November 1982. 1 year, 4 months. The Mid-’70s Recession. November 1973. March 1975. 1 year, 4 months. The Great Depression–Late ’30s. May 1937. June ...
Shanghai Composite dropped to a four-year low, escalating their economic downturn since the 2015 recession. [37] [38] 2020 stock market crash: 24 Feb 2020: The S&P 500 index dropped 34%, 1145 points, at its peak of 3386 on 19 February to 2237 on 23 March. This crash was part of a worldwide recession caused by the COVID-19 lockdowns. [39] [40] [41]
Along the way, the index peaked at 1,527.46 in 2001 and then crashed to 776.76 over a period of 30 months. Barack Obama is sworn in as the 44th president of the United States Analysis
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