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Aug 23, 2023 · Rising interest rates and economic uncertainty are leading many Americans to worry about another recession. During a recession, people may experience significant impacts on their daily lives.
May 31, 2024 · A recession is significant, persistent, and widespread contraction in economic activity. U.S. recessions have become shorter and less frequent in recent decades.
Aug 12, 2020 · By almost any measure, the 2020 recession began with sharp declines in economic activity, employment, and equity prices that rivaled or exceeded the initial declines of the Great Depression.
Mar 8, 2021 · A year after the coronavirus pandemic first drove the U.S. economy into the deepest downturn in generations, high-frequency economic indicators illustrate a strong rebound -- yet there’s still a...
Jul 31, 2020 · The U.S. economy suffered its biggest blow since the Great Depression in the second quarter as the COVID-19 pandemic shattered consumer and business spending, and a nascent recovery is under threat from a resurgence in new cases of coronavirus.
May 31, 2022 · The economic recession triggered by COVID-19 caused a historically rapid and deep decline in economic activity and employment. This decline was caused by reductions in supply (production of goods and services) and demand (spending). R47115.
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Dec 25, 2021 · The 2020 recession began in the first quarter of the year when the economy contracted 5% as a result of the COVID-19 pandemic. The recession was largely caused by government-ordered shutdowns to slow the spread of the outbreak.
