The introduction of container shipping!
Houses and debt in crisis
One factor that did not contribute to the recession in the US in the early 1990s was the inflation rate, which was relatively low during this period. Instead, the recession was primarily driven by the aftermath of the Gulf War, a decline in defense spending, and a tightening of monetary policy to combat earlier inflation. Additionally, the savings and loan crisis also played a significant role in destabilizing the economy.
It will cost about 850,000,000,000 dollars to relieve us fro the recession
The suspect lending practices was one of the causes of the recession in the US in 2001.
There was no recession in 1998. See the NBER website for US data.
Houses and debt in crisis
1. What are the major factors that have affected U.S. household consumption since the recession in 2001?
The strong economic power of the United States is what made the recession of 2000 in the US a mild one.
One factor that did not contribute to the recession in the US in the early 1990s was the inflation rate, which was relatively low during this period. Instead, the recession was primarily driven by the aftermath of the Gulf War, a decline in defense spending, and a tightening of monetary policy to combat earlier inflation. Additionally, the savings and loan crisis also played a significant role in destabilizing the economy.
.... as compared to where else?
It will cost about 850,000,000,000 dollars to relieve us fro the recession
first
It has.
The suspect lending practices was one of the causes of the recession in the US in 2001.
There was no recession in 1998. See the NBER website for US data.
The recovery from the recession in the US economy has been slower than expected in 2014. This is because of a lack of consumer confidence reflected in the area of consumer spending.
right now 2009 the us economy is in a recession, but could in a depression later on in the future if we are in a recession for too long.