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From 1879 to 1882, there had been a boom in railroad construction which came to an end, resulting in a decline in both railroad construction and in related industries, particularly iron and steel. [25] A major economic event during the recession was the Panic of 1884 . 1887–1888 recession. March 1887 – April 1888.
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 ...
On February 16, 2010, the United States and Canada agreed on exempting Canadian companies from Buy American provisions, which would have hurt the Canadian economy. Recommendations by economists President Barack Obama announces the creation of the Economic Recovery Advisory Board on February 6, 2009.
The United States entered a recession in 1990, which lasted 8 months through March 1991. [1] Although the recession was mild relative to other post-war recessions, [2] it was characterized by a sluggish employment recovery, most commonly referred to as a jobless recovery. Unemployment continued to rise through June 1992, even though a positive ...
The US economy has powered ahead of the EU, the UK, Japan, Canada and other advanced economies this year. ... in Europe’s biggest economy shrank slightly in the third quarter and a number of ...
The recession is making people pay attention to how much money they've been blowing on bottled water all these years. Brandweek is reporting that bottled water sales grew by less than 1% in the ...
Possible impacts of cyberattacks include interruptions to water treatment and storage; damage to pumps and valves; and alteration of chemical levels to hazardous amounts, the agency said ...
Sahm rule. In macroeconomics, the Sahm rule, or Sahm rule recession indicator, is a heuristic measure by the United States' Federal Reserve for determining when an economy has entered a recession. [1] It is useful in real-time evaluation of the business cycle and relies on monthly unemployment data from the Bureau of Labor Statistics (BLS).