The Great Recession’s witch’s brew of despair was my beat at the Dayton Daily News, and for years I reported on unemployment, neighborhood decay and industrial losses. Over time I learned that this ...
I was in college when the Great Recession officially ended in June 2009. But I couldn’t find a job that summer or the next one because the effects of the recession, which reverberated throughout the ...
The U.S. housing market is poised for a “Great Housing Reset” beginning in 2026, marked not by a sudden correction but by gradual normalization. Af ...
For weeks, stock markets have been falling, and the plunge accelerated after President Donald Trump on April 2 unveiled U.S. tariffs on virtually every country. Several things tend to happen in ...
Stocks rebounded Friday after steep losses earlier this week, but the markets remained on track for their worst week in two years. That’s fueling fears that a recession could be on the horizon. To be ...
This article is part of a Prospect symposium on tackling the housing crisis in America. In labor economics, there’s a concept called hysteresis. It means that severe economic downturns have lingering ...
Economic uncertainty often forces a shift in how we spend and save. During the Great Recession of the late 2000s — when unemployment hit 10% and home values dropped by 30% — many tightened their ...
For those who’ve been through one, talk of a recession can be triggering. We’re not officially there yet (as of this writing), but it’s natural to be anxious about increased prices due to tariffs and ...
President Donald Trump asserted that he had "defeated" inflation and that the US economy was returning to normalcy in a bullish statement earlier this year. However, despite Trump's claims, that ...
The state government has $4.8 billion socked away in its rainy day fund. But as much as the fund serves as a hedge against ...
We leverage spatial variation in the severity of the Great Recession across the United States to examine its impact on mortality and explore the quantitative implications. We estimate that an increase ...