Virginia’s Economy Lost $4bn during the 2008 Great Recession
The 2008 financial crisis precipitated what has become known as the Great Recession. Officially it lasted six quarters from the end of 2007 Q4 to 2009 Q2 and in that time US Real GDP (Real GDP) shrank by 4.3% with $634bn wiped from the US economy in eighteen months. Virginia’s economy...
South Carolina’s Economy Lost $10.9bn during the 2008 Great Recession
In what has become known as the Great Recession, an eighteen month period from the end of 2007 Q4 to 2009 Q2, brought on by the financial crisis, the Real Gross Domestic Product (Real GDP) of the US economy shrank by 4.3%, wiping $634bn from its value. Over the same...
Tennessee’s Economy Lost $14.3bn during the 2008 Great Recession
The national economy peaked in 2007 Q4 before the financial crisis precipitated what is now known as the Great Recession. By the time it ended in 2009 Q2 US Real Gross Domestic Product (Real GDP) shrank by 4.3% wiping $634bn from the national economy. Tennessee’s Real GDP was $260bn in 2007...
North Carolina’s Economy Lost $10.8bn in the 2008 Great Recession
The Real Gross Domestic Product (Real GDP) of North Carolina’s economy fell by 2.6% during the 2008 Great Recession, but this was better than the national average of 4.3%. The Great Recession lasted 6 quarters from the end of 2007 Q4 to 2009 Q2 and in that time the US...
Mississippi’s Economy Lost $2.3bn during The 2008 Great Recession
The 2008 financial crisis precipitated what became known as the Great Recession, which lasted 6 quarters from the end of 2007 Q4 to 2009 Q2. In that period, US Real Gross Domestic Product (Real GDP) declined by 4.3% wiping $634bn from the US economy. In Mississippi’s economy, Real GDP fell by...
Louisiana’s Economy Grew by 1.9% During the 2008
The 2008 financial crisis precipitated a 4.3% fall in the Real Gross Domestic Product (Real GDP) of the US economy over a six quarter period from the end of 2007 Q4 to the end of 2009 Q2, a period now known as the Great Recession. $634bn was wiped from the US economy...
How Kentucky’s Economy Lost $9.4bn in the 2008 Great Recession
During the 2008 Great Recession in the US economy $634bn was wiped off Real Gross Domestic Product (Real GDP) between the economic peak in 2007 Q4 and the lowest point in 2009 Q2, a decline of 4.3%. Kentucky’s Real GDP fell by $9.4bn during the same period, a 5.8% decline...
How Georgia’s Economy Lost $32bn During the 2008 Great Recession
The US economy had peaked in 2007 Q4 before the financial crisis precipitated what has become known as the Great Recession. By the time it ended in 2009 Q2 the US economy had shrunk by $634bn from US Real Gross Domestic Product (Real GDP) as the economy fell by 4.3%...
How Florida’s Economy Lost $80bn During the 2008 Great Recession
Florida’s economy was the fourth largest in the US when Real Gross Domestic Product (Real GDP) peaked in 2007 Q4 just prior to the 2008 Great Recession. By the time the economy bottomed out in 2009 Q2 $634bn had been wiped from the US economy as Real GDP fell by...
How Arkansas' Economy Lost $8.2bn During the 2008 Great Recession
During the 2008 Great Recession $634bn was wiped off US Real Gross Domestic Product (Real GDP) between the economic peak in 2007 Q4 and the lowest point in 2009 Q2, a decline of 4.3%. Over the same eighteen month period, Arkansas’ economy fell by 7.9% and $8.2bn, as it declined...
