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In the United States, the average household net adjusted disposable income per capita is USD 45 284 a year, much higher than the OECD average of USD 33 604 and the highest figure in the OECD. ^ "Income Distribution Database". stats.oecd.org. Retrieved March 4, 2023.
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. This slow recovery was due in part to households and financial institutions ...
The 2011 S&P downgrade was the first time the US federal government was given a rating below AAA. S&P had announced a negative outlook on the AAA rating in April 2011. The downgrade to AA+ occurred four days after the 112th United States Congress voted to raise the debt ceiling of the federal government by means of the Budget Control Act of 2011 on August 2, 2011.
That Monday night, the United States was coming off a recession stemming from a bursting bubble, consumer confidence was Then and Now: How the Economy Has Changed Since 9/11 Skip to main content
The unemployment rate essentially doubled as the economy contracted, making the recession from 2007 to 2009 the longest and worst since the 1930s. But while long-term and structural factors are
May. May 1 – 2010 Times Square car bombing attempt: Car bomb fails to go off in Times Square, New York City. May 6 – The "flash crash" occurs at the New York Stock Exchange, temporarily depleting 1,000 points off of the Dow Jones Industrial Average. It is the largest intra-day fall ever.
List of countries by GDP (nominal) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. [ 2] Countries are sorted by nominal GDP estimates from financial and statistical institutions, which are calculated at market or government official exchange rates.
The Bureau of Economic Analysis's advance estimate of second quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.8% during the period, well above the 2% ...