Recession of 2009/Timelines: Difference between revisions

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imported>Nick Gardner
imported>Nick Gardner
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US output falls - by 0.3% between second and third quarters of 2008 [6]
US output falls - by 0.3% between second and third quarters of 2008 [6]
China's GDP growth rate falls - to a 9 per cent increase in the third quarter of 2008 over the 3rd quarter of 2007 [http://www.econbrowser.com/archives/2008/10/middle_kingdom.html]

Revision as of 03:26, 3 November 2008

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A timeline (or several) relating to Recession of 2009.

Autumn 2008

Credit crunch gets worse in the US [1] and the UK [2].

The oil price falls. (October US light $67/barrel, down fron July $147 peak)[3].

UK output falls - by 0.5% between second and third quarters of 2008 [4].

US output falls - by 0.3% between second and third quarters of 2008 [6]

China's GDP growth rate falls - to a 9 per cent increase in the third quarter of 2008 over the 3rd quarter of 2007 [5]