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45 posts on "Recession"
October 16, 2017

Discretionary Services Spending Has Finally Made It Back (to 2007)

The current economic expansion is now the third-longest expansion in U.S. history (based on National Bureau of Economic Research [NBER] dating of U.S. business cycles). Even so, average growth in this expansion—a 2.1 percent annual rate—has been extraordinarily weak.

Posted at 7:00 am in Macroeconomics, Recession | Permalink | Comments (2)
May 17, 2017

Household Borrowing in Historical Perspective

Today, the New York Fed’s Center for Microeconomic Data released its Quarterly Report on Household Debt and Credit for the first quarter of 2017.

Posted at 11:08 am in Credit, Household Finance, Recession | Permalink
May 10, 2017

Which Dealers Borrowed from the Fed’s Lender‑of‑Last‑Resort Facilities?

During the 2007-08 financial crisis, the Fed established lending facilities designed to improve market functioning by providing liquidity to nondepository financial institutions—the first lending targeted to this group since the 1930s.

September 24, 2014

Developing a Narrative: The Great Recession and Its Aftermath

The severe recession experienced by the U.S. economy between December 2007 and June 2009 has given way to a disappointing recovery.

August 13, 2014

Why Didn’t Inflation Collapse in the Great Recession?

GDP contracted 4 percent from 2008:Q2 to 2009:Q2, and the unemployment rate peaked at 10 percent in October 2010.

September 25, 2013

Catching Up or Falling Behind? New Jersey Schools in the Aftermath of the Great Recession

Rajashri Chakrabarti and Max Livingston Today’s post, which complements Monday’s on New York State and a set of interactive graphics released by the New York Fed earlier, assesses the effect of the Great Recession on educational finances in New Jersey. The Great Recession severely restricted state and local funds, which are the main sources of […]

Posted at 7:00 am in New Jersey, Recession | Permalink
September 23, 2013

Waiting for Recovery: New York Schools and the Aftermath of the Great Recession

A key institution that was significantly affected by the Great Recession is the school system, which plays a crucial role in building human capital and shaping the country’s economic future.

July 22, 2013

Just Released: Mapping Changes in School Finances

This morning, the New York Fed released a set of interactive maps and charts illuminating school finances in New York and New Jersey.

Distressed Residential Real Estate: Dimensions, Impacts, and Remedies

On October 5, 2012, the Federal Reserve Bank of New York and the Rockefeller Institute of Government co-hosted the conference “Distressed Residential Real Estate: Dimensions, Impacts, and Remedies.”

Posted at 7:00 am in Housing, Recession, Regional Analysis | Permalink
June 26, 2013

States Are Recovering Lost Jobs at Surprisingly Similar Rates

The U.S. economy lost more than 8 million jobs between January 2008 and February 2010.

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