Great Recession recovery

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The Great Recession recovery refers to the prolonged period of economic stabilization and gradual growth in the United States following the 2007–2009 financial crisis, marked by large-scale fiscal stimulus, monetary easing, and financial-sector reforms.

All labels observed (2)

Label Occurrences
Great Recession aftermath 1
Great Recession recovery canonical 1

How this entity was disambiguated

Statements (56)

Predicate Object
instanceOf economic recovery
macroeconomic phenomenon
characterizedBy deleveraging of households and financial institutions
elevated long-term unemployment
gradual GDP growth
historically low interest rates
low inflation environment
prolonged economic stabilization
slow labor-market improvement
weak wage growth
comparedTo post–Great Depression recovery in the United States
country United States
economicIndicator declining unemployment rate after 2010
gradual housing market stabilization
narrowing credit spreads
recovery of corporate profits
return of real GDP to pre-crisis levels
stock market rebound
endedBy COVID-19 recession
endTime early 2020
follows Great Recession
hasCause 2007–2009 financial crisis
U.S. housing market collapse
global financial crisis of 2007–2008
hasKeyPolicy American Recovery and Reinvestment Act of 2009
Dodd–Frank Wall Street Reform and Consumer Protection Act
Federal Reserve quantitative easing programs
Home Affordable Modification Program
Troubled Asset Relief Program
auto industry rescue programs
extension of unemployment insurance benefits
temporary payroll tax cuts
zero lower bound interest rate policy
hasPart post-2009 U.S. economic expansion
impact increase in public debt-to-GDP ratio in the United States
persistent labor-market scarring for some workers
reduction in financial-system systemic risk
rise in economic inequality debates in the United States
tightening of financial regulation
mainImplementer Congress of the United States
Federal Reserve System
U.S. Department of the Treasury
United States federal government
financial regulatory agencies
relativeSpeed slower than typical postwar U.S. recoveries
startTime 2009
temporalContext post-2008 global financial crisis period
usesPolicyInstrument bank stress tests
capital injections into financial institutions
expanded deposit and debt guarantees
financial-sector reforms
fiscal stimulus
forward guidance
monetary easing
quantitative easing
unconventional monetary policy

How these facts were elicited

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Barack Obama presidency significantEvent Great Recession recovery
2012 United States presidential election tookPlaceDuring Great Recession aftermath
linked to: Great Recession recovery