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 …

May 21, 2025 · Great Recession, economic recession that was precipitated in the U.S. by the financial crisis of 2007–08 and quickly spread to other countries. Lasting from late 2007 until …

Mar 16, 2025 · The Great Recession refers to the economic downturn from 2007 to 2009 after the bursting of the U.S. housing bubble and the global financial crisis.

The Great Recession began in December 2007 and ended in June 2009, which makes it the longest recession since World War II. Beyond its duration, the Great Recession was notably …

Dec 4, 2017 · The Great Recession was a global economic downturn that devastated world financial markets as well as the banking and real estate industries.

The Great Recession of 2007-2009 was the worst global economic crisis since the Great Depression in the 1930s. The recession resulted from a combination of tax cuts, spending …

Jun 21, 2023 · The Great Recession of 2008 to 2009 was the worst economic downturn in the U.S. since the Great Depression.

May 29, 2025 · Unemployment hit 10% in the Great Recession, the jobless rate peaking after the actual recession was over. Unemployment reached 14.7% in the brief COVID-19 downturn. ...

The Great Recession was a period of severe economic decline that occurred following the Global Financial Crisis of 2007/8. It was the most severe and long-lasting period of negative GDP …

Jul 28, 2022 · How Did the Great Recession Affect the World? The Great Recession didn’t just affect the United States; all countries with rapid credit growth and large account deficits were …