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   Is the US in a recession?

   • Cindy Ord / Getty Images file The U.S. is officially in a recession, bringing an end to a historic 128 months of economic growth, after the coronavirus pandemic swept the country and shut down the economy. For more than a decade, the American economy seemed to contradict the adage "What goes up, must come down."

   It's official: The U.S. entered a recession in February - NBC News

   www.nbcnews.com/business/economy/it-s-official-u-s-entered-recession-february-n1227631

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   What caused the 2020 recession?

   • 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. It ended the longest economic expansion in U.S. history.

   Your Guide to the 2020 Recession - The Balance

   www.thebalancemoney.com/recession-2020-4846657

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   Was the 2020 recession deeper than the 2008 recession?

   • The 2020 recession was much deeper than the 2008 recession . Because the economy didn't contract in the fourth quarter, the NBER could declare the 2020 recession to be over later in the year. The 2008 recession was caused by a collapse in the financial markets. Credit dried up, banks stopped lending, and housing prices collapsed.

   Your Guide to the 2020 Recession - The Balance

   www.thebalancemoney.com/recession-2020-4846657

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   When does a recession start & end?

   • The economy hit its peak in February and has since fallen into a downturn, the National Bureau of Economic Research’s Business Cycle Dating Committee said. A recession begins when the economy reaches a peak of activity and ends when it reaches its trough.

   The U.S. Entered a Recession in February (Published 2020)

   www.nytimes.com/2020/06/08/business/economy/us-economy-recession-2020.html

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   How many recessions did the United States have?

   • Since the end of World War II, the U.S has suffered through 12 recessions, or an average of one every 6.5 years. The last economic expansion, starting at the end of the Great Recession, lasted 128 months. By that measure, we were overdue for an economic retraction when the Pandemic Recession hit. When was the harshest recession?

   What is a Recession? 10 Facts You Need to Know | Kiplinger

   www.kiplinger.com/slideshow/investing/t038-s001-recessions-10-facts-you-must-know/index.html

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   How long will a recession last?

   • This downturn is the first since 2009, when the last recession ended, and marks the end of the longest expansion — 128 months — in records dating back to 1854. Most economists expect this recession to be both particularly deep and exceptionally short, perhaps just a few months, as states reopen and economic activity resumes.

   The U.S. Entered a Recession in February (Published 2020)

   www.nytimes.com/2020/06/08/business/economy/us-economy-recession-2020.html

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2. www.kiplinger.com › slideshow › investingWhat is a Recession? 10 Facts You Need to Know | Kiplinger

   www.kiplinger.com › slideshow › investing

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   Sep 26, 2024 · What is a Recession? 10 Facts You Need to Know. Fears of an economic downturn are once again on the rise, but what is a recession, exactly? We tackle this and other questions here.

   • Inverted Yield Curve

     When the yield curve inverted in 1965, the following...

3. www.nytimes.com › us-economy-recession-2020The U.S. Entered a Recession in February - The New York Times

   www.nytimes.com › us-economy-recession-2020

   Jun 8, 2020 · WASHINGTON — The United States economy officially entered a recession in February 2020, the committee that calls downturns announced on Monday, bringing the longest expansion on record to an...

   • Author: Jeanna Smialek

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     How The U.S. Avoided A Recession For A Decade

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5. www.thebalancemoney.com › recession-2020-4846657Your Guide to the 2020 Recession - The Balance

   www.thebalancemoney.com › recession-2020-4846657

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   Dec 25, 2021 · The 2020 recession was caused by the COVID-19 pandemic and the worst economic crisis since the Great Depression. Learn how it compared to other recessions.

   • Author: Kimberly Amadeo

6. www.capitalgroup.com › guide-to-recessionsGuide to recessions: 9 things you need to know | Capital Group

   www.capitalgroup.com › guide-to-recessions

   Oct 11, 2024 · Is the U.S. headed for a recession? Our U.S. economists offer their perspectives and answer nine key questions to help you prepare.

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7. www.nbcnews.com › business › economyIt's official: The U.S. entered a recession in February

   www.nbcnews.com › business › economy

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   Jun 8, 2020 · The U.S. is officially in a recession, bringing an end to a historic 128 months of economic growth, after the coronavirus pandemic swept the country and shut down the economy.

8. www.bloomberg.com › graphics › recovery-trackerU.S. Recession 2020: When Will the Economy Recover?

   www.bloomberg.com › graphics › recovery-tracker

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   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...

9. www.bbc.com › news › business-52972901Pandemic pushes US into official recession - BBC

   www.bbc.com › news › business-52972901

   Jun 8, 2020 · A recession was expected after the US economy contracted 5% in the first three months of the year. Employers also reported cutting roughly 22 million jobs in March and April, as restrictions on...