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Recession Roll Call
While the U.S. isn't technically in an economic slump yet, economists are betting one isn't far off. A tally of recent recessions and their causes.
Why this recession is going to hit particularly hard—and last longer than you think. Read More
The Great Depression
A U.S. banking collapse sparks an American stock market crash and a global downturn. After a brief recovery in the mid-1930s, recession returns in 1937.
1973 Energy Crisis
An Arab oil embargo causes crude prices to quadruple, and a recession ensues, lasting 16 months.
Post-Black Monday
More than two years after the 1987 stock market collapse, a worldwide recession hits the U.S. About 1.5 million jobs are lost, and employment remains sluggish for years.
The Tech Crash and 9/11
After the dotcom bust and the September 2001 terrorist attacks, the economy experiences a relatively minor contraction from 2001 to 2003. But thanks in part to interest-rate cuts, the credit bubble soon begins to inflate and the recession ends mildly.
A U.S. banking collapse sparks an American stock market crash and a global downturn. After a brief recovery in the mid-1930s, recession returns in 1937.
1973 Energy Crisis
An Arab oil embargo causes crude prices to quadruple, and a recession ensues, lasting 16 months.
Post-Black Monday
More than two years after the 1987 stock market collapse, a worldwide recession hits the U.S. About 1.5 million jobs are lost, and employment remains sluggish for years.
The Tech Crash and 9/11
After the dotcom bust and the September 2001 terrorist attacks, the economy experiences a relatively minor contraction from 2001 to 2003. But thanks in part to interest-rate cuts, the credit bubble soon begins to inflate and the recession ends mildly.
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