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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.
Sep 26, 2022 · Real personal income grew at an average of 0.62% prior to the average recession, while industrial production grew slightly, by 0.05%. Meanwhile, immediately following the onset of the average recession, all six indicators declined, which ultimately persisted for the entirety of the recession.
May 4, 2022 · The United States is now facing the familiar precursors of a recession, including rising interest rates on the back of high inflation. The Federal Reserve is taking action, and its decisions will be critical to the length and severity of any recession.
Jul 19, 2021 · Key Points. The Covid-19 recession ended in April 2020, the National Bureau of Economic Research said Monday. That makes the two-month downturn the shortest in U.S. history. The NBER is...
Dec 28, 2021 · Higher interest rates could dampen spending and slow down the economy because consumers and businesses will find it more expensive to borrow money. The trade-off in curbing inflation with...
- Emily Barone
- 2 min
May 24, 2021 · Here’s what needs to happen to get the country 100% back to the pre-pandemic economy. Gaps in the labor market The labor market is in an awkward phase of the recovery.
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Jul 29, 2021 · WASHINGTON, July 29 (Reuters) - The U.S. economy contracted at a record average annualized rate of 19.2% from its peak in the fourth quarter of 2019 through the second quarter of 2020,...