Recession of 2009/Tutorials
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United States
Growth rates
- (Percentage change at an annual rate [1])
2007 2008 I 2008 II 2008 III 2008 IV 2009 I GDP 2.3 0.9 2.8 -0.5 -6.2 Consumption 2.2 0.9 1.2 -3.8 -4.3 Business investment 6.4 2.4 2.5 -1.7 -21.0 Residential construction -19.0 -25.5 -13.3 -16.1 -22.2
- (Source: US Department of the Treasury [1])
Unemployment rates
- (per cent - not seasonally adjusted)
Jan Feb March April May June July Aug Sept Oct Nov Dec 2008 5.4 5.2 5.2 4.8 5.2 5.7 6.0 6.1 6.0 6.0 6.5 7.1 2009 8.5 8.9
- (Source: US Department of Labor [2])
The United Kingdom economy
Growth rates
- (Percentage change at an annual rate [1])
2007 2008 I 2008 II 2008 III 2008 IV 2009 I GDP 3.0 1.6 0.0 -2.8 -6.0 Household expenditure 3.3 3.8 -1.0 -0.8 -2.8 Fixed capital investment 7.2 -11.0 -5.0 -13.8 -8.9
- (Source UK National Statistics [3])
International comparisons
Public Debt
- ( % of GDP - 2007 estimates)
Japan Italy Greece France United States Netherlands United Kingdom Denmark Ireland China Australia 170 104 89.5 63.9 60.8 45.5 43.6 26 24.9 18.4 15.6
- (Source: CIA World Factbook [4])