List Of Recessions

This is a list of notable recessions, depressions and downturns. All dates are approximate as the recessions began and ended in different parts of the world at different times. Also note that before detailed economic statistics began to be gathered in the nineteenth century it was very difficult to tell when recessions occurred, but prior to industrialization economic downturns usually coincided with problems in agriculture.
  • Panic of 1837 - 1837 to 1843, a sharp downturn in the American economy caused by bank failures and lack on confidence in the paper currency
  • Great Depression - 1929 to late 1930s, stock market crash, banking collapse, and overproduction in the United States sparks a global downturn, including a second downturn 19371938.
  • Early 1980s recession - 1982 and 1983, caused by tight monetary policy in the U.S. to control inflation and sharp correction to overproduction of the previous decade which had been masked by inflation
  • Japanese recession - 1991 to present, collapse of a real estate bubble and more fundamental problems halts Japan's once astronomical growth

See also

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