-
Beginning of the recession
Official start of the recession, according to the National Bureau of Economic Research. http://www.huffingtonpost.com/2009/12/18/economic-crisis-timeline-_n_397360.html -
Largest ever drop in the Dow Jones
House rejects government's $700 billion financial plan, triggering the largest-ever drop in the Dow Jones industrisal average, 777.68 points. http://www.huffingtonpost.com/2009/12/18/economic-crisis-timeline-_n_397360.html -
Stimulus package signed into law
The $757 billion economic stimulus package is signed into law. http://www.huffingtonpost.com/2009/12/18/economic-crisis-timeline-_n_397360.html -
Record breaking poverty
43.6 Million americans unemployed. Highest number in 51 years according to the sensus bureau. http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2011 -
Debt ceiling bill
Obama signs major debt ceiling bill. http://www.dof.ca.gov/html/fs_data/LatestEconData/Chronology/chronology.htm#2011 -
8% unemployment
Unemployment drops below 8%, lowest point since January of 2009. http://www.csmonitor.com/Business/2013/0908/Timeline-on-the-Great-Recession -
Shut down over
Government re-opened after interim appropriations bill is passed by the house, extending the deadline to decide on a new budget. http://www.huffingtonpost.com/2014/01/06/congress-closed-rules_n_4546762.html -
4th quarter economic growth
Commerse department reports that the economy grew by 3.2% in the final quarter of 2013, promising a bright future for the economy in 2014. http://www.nytimes.com/2014/01/31/business/us-economy-grew-3-2-in-fourth-quarter.html?hpw&rref=business&_r=0
