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The U.S. economy is heavily dependent on road transport for moving people and goods. Personal transportation is dominated by automobiles, which operate on a network of four million miles (6.4 million km) of public roads, [340] including one of the world's longest highway systems at 57,000 miles (91,700 km). [341]
The five largest contributors to global output contraction are Argentina, Saudi Arabia, Nigeria, the Democratic Republic of the Congo, and Venezuela. At purchasing power parity, the global economic output expanded by US$13.7 trillion from 1980 to 1990. The following two tables are lists of the 20 largest contributors to global economic growth ...
In the United States, the Great Recession was a severe financial crisis combined with a deep recession. While the recession officially lasted from December 2007 to June 2009, it took many years for the economy to recover to pre-crisis levels of employment and output. This slow recovery was due in part to households and financial institutions ...
As a result, the nation’s gross domestic product — a measure of an economy’s size — will grow by an additional $7 trillion over the next decade, the nonpartisan agency projects. Inflation ...
'The American economy is fundamentally strong': Janet Yellen rejects Moody's 'negative' US outlook — claims Treasuries are still the world's main 'safe and liquid' asset — Who's right?
May. May 1 – 2010 Times Square car bombing attempt: Car bomb fails to go off in Times Square, New York City. May 6 – The "flash crash" occurs at the New York Stock Exchange, temporarily depleting 1,000 points off of the Dow Jones Industrial Average. It is the largest intra-day fall ever.
Even as the year winds to a close this week, a handful of economic releases are on the schedule. Starting on Monday, the Chicago Fed releases its Midwest Manufacturing Index for November. Tuesday ...
The first list includes estimates compiled by the International Monetary Fund's World Economic Outlook, the second list shows the World Bank's data, and the third list includes data compiled by the United Nations Statistics Division. The IMF's definitive data for the past year and estimates for the current year are published twice a year in ...