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Jul 19, 2021 · 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 recognized as the ...
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.
Oct 18, 2021 · Posted on October 18, 2021. The recession caused by the COVID-19 pandemic officially lasted just two months and ended in April 2020. But Transportation Secretary Pete Buttigieg wrongly credited...
Jul 19, 2021 · The committee has determined that a trough in monthly economic activity occurred in the US economy in April 2020. The previous peak in economic activity occurred in February 2020. The recession lasted two months, which makes it the shortest US recession on record.
Sep 26, 2022 · Though the BCDC hasn’t declared that the economy is currently in a recession, our calculations include the current periods: the third quarter of 2021 through the second quarter of 2022.
Apr 3, 2024 · The response to the pandemic recession, including the CARES Act and three other measures in March and April 2020, a December 2020 package, and the 2021 American Rescue Plan, was much larger, suggesting that policymakers had learned key lessons from the Great Recession experience.
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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.