Search results
Results from the Go Local Guru Content Network
Several key economic variables (e.g., Job level, real GDP per capita, stock market, and household net worth) hit their low point (trough) in 2009 or 2010, after which they began to turn upward, recovering to pre-recession (2007) levels between late 2012 and May 2014 (close to Reinhart's prediction), which marked the recovery of all jobs lost ...
The number of countries in recession was 37 in Q2 2009, 13 in Q3 2009 and 11 in Q4 2009. One year after the maximum, in Q1 2010, only seven countries were in recession (Greece, Croatia, Romania, Iceland, Jamaica, Venezuela and Belize).
During the depths of the recession in 2009, as millions of Americans lost their jobs, homes and life savings, the highest-paid earners in the United States saw their average incomes increase...
A study on US Census income data claims that when using the national accounting methodology, U.S. gross median household income was $57,739 in 2010 (table 3). [30] In 2015, the US median household income spiked 5.2 per cent, reaching $56,000, making it the first annual hike in median household income since the start of the Great Recession.
The Great Recession officially ended in mid-2009, but a recent Census Bureau report shows that, for the average American family, the first full post-recession year only brought increased misery.
As of 2009, the number of people who were in poverty was approaching 1960s levels that led to the national War on Poverty. The 2010 census data shows that half the population qualifies as poor or low income, with one in five millennials living in poverty.
For example, tax revenues declined from $2.5 trillion in 2008 to $2.1 trillion in 2009, and remained at that level in 2010. From 2008 to 2009, individual income taxes declined 20%, while corporate taxes declined 50%. At 14.6% of GDP, the 2009 and 2010 collections were the lowest level of the past 50 years. Tax policy Tax descriptions
Income, Poverty, and Health Insurance Coverage in the United States: 2009; Image title: Current Population Reports, Consumer Income; Author: U.S. Census Bureau: Unique ID of original document: adobe:docid:indd:f950e127-f452-11dd-883c-b1e553b1148c: Date and time of digitizing: 11:59, 7 September 2010: File change date and time: 05:49, 16 ...
2009. January 2009 – 818,000 jobs lost; February 2009 – 724,000 jobs lost; March 2009 – 799,000 jobs lost; April 2009 – 692,000 jobs lost; May 2009 – 361,000 jobs lost; June 2009 – 482,000 jobs lost; July 2009 – 339,000 jobs lost; August 2009 – 222,000 jobs lost; September 2009 – 199,000 jobs lost
February 26, 2009: Submitted by: Barack Obama: Submitted to: 111th Congress: Total revenue: $2.381 trillion (requested) $2.163 trillion (actual) 14.6% of GDP (actual) Total expenditures: $3.552 trillion (requested) $3.456 trillion (actual) 23.4% of GDP (actual) Deficit: $1.171 trillion (requested) $1.294 trillion (actual) 8.7% of GDP (actual) Debt