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  1. The 1815 panic was followed by several years of mild depression, and then a major financial crisis – the Panic of 1819, which featured widespread foreclosures, bank failures, unemployment, a collapse in real estate prices, and a slump in agriculture and manufacturing. [9] 1822–1823 recession. 1822–1823. ~1 year.

  2. 4. Dez. 2017 · 2010-2013: Several countries—Cyprus, Greece, Ireland and Spain, among others—receive billions in bailouts from the European Union after their respective national debts reached crisis levels ...

    • 3 Min.
  3. One year after the maximum, in Q1 2010, only seven countries were in recession (Greece, Croatia, Romania, Iceland, Jamaica, Venezuela and Belize). The recession data for the overall G20 zone (representing 85% of all GWP ), depict that the Great Recession existed as a global recession throughout Q3 2008 until Q1 2009.

    • December 2007 to June 2009 (19 months)
    • Worldwide
    • Impact differed geographically
    • Recession
  4. 8. Sept. 2023 · The U.S. has experienced 34 recessions since 1857 according to the NBER, varying in length from two months (February to April 2020) to more than five years (October 1873 to March 1879). The ...

  5. www.nber.org › research › business-cycle-datingBusiness Cycle Dating | NBER

    The NBER’s Business Cycle Dating Committee maintains a chronology of US business cycles. The chronology identifies the dates of peaks and troughs that frame economic recessions and expansions. A recession is the period between a peak of economic activity and its subsequent trough, or lowest point.

  6. important economies in the European Union and Japan went collectively into recession by mid-2008. Overall, 2009 was the first year since World War II that the world was in recession, a calamitous turn around on the boom years of 2002-2007. The crisis came largely as a surprise to many policymakers, multilateral agencies, academics and investors ...

  7. According to the Department of Labor, roughly 8.7 million jobs (about 7%) were shed from February 2008 to February 2010, and real GDP contracted by 4.2% between Q4 2007 and Q2 2009, making the Great Recession the worst economic downturn since the Great Depression.