The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.
As the U.S. economy teeters on the edge, Moody’s Analytics has identified 22 states that are either in or near a recession. This economic downturn poses significant challenges for residents, affecting ...
There are plenty of small negatives which do not add up to a recession. The recession risk comes from the continued back-and-forth from the White House about what tariffs will be. If summer turns to ...
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