similarities in economic recessions of USA and EuropeThe article discusses the similarities between U.S. and European Union (EU) economic conditions in the wake of the 2009 European sovereign debt crisis and 2008 global recession. The authors begin by comparing the large amounts of public debt ...
United States - Economic Growth, Immigration, Politics: Reagan took office and pledged to reverse the trend toward big government and to rejuvenate the economy, based on the theory that cutting taxes would stimulate so much growth that tax revenues would
In the 19th century, recessions frequently coincided with financial crises. 1900s The United States has been the world's largest national economy since at least the1920s. From the New Deal era that began in 1933, to the Great Society initiatives of the 1960s, national policy makers relied pr...
Annual inflation rate and real GDP growth rate in the United States during the Great Moderation from 1985 to 2007 Inflation rateGDP growth rateInflation rateReal GDP growth19851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007 0%1.2%2.4%3.6%4.8%6% -2.4%0%2.4%4.8%7.2%9.6%...
United States of America. The United States of America is a country in North America. It has an area of 9.4 million sq km and a population of 219 million (as of Jan. 1, 1979). The capital city is Washington, D.C. The country is divided administratively into 50 states and the Federa...
Industrial energy use in the United States has undergone a long-term transition over the past five decades marked by leveling off of consumption and punctuated by sharp drops associated with the two oil crises of the 1970s and economic recessions. During that time, the industrial sectors share ...
United States - Red Scare, McCarthyism, Cold War: Truman’s last years in office were marred by charges that his administration was lax about, or even condoned, subversion and disloyalty and that communists, called “reds,” had infiltrated the governmen
Gold prices typically increase during economic recessions. One way to analyze gold prices during a recession is by comparing its performance with the S&P 500. Below are the dates of the largest declines of the S&P 500 and the performance of gold prices during the same period. This data shows...
During the 20th century, Britain experienced a significant increase in economic volatility, a number of protracted recessions, and a change in the dynamics of the business cycle, where the phases were somewhat shorter after World War II than in the 19th century (e.g., Matthews et al., 1982...
In past studies, the state of air travel demand after recessions has been widely investigated to understand the duration of value destruction within the industry after significant downturns. Research has shown that air passenger and freight growth respond differently to economic shocks, with the former...