Great Recession in the Americas

North America was one of the focal points of the global Great Recession. While Canada has managed to return its economy nearly to the levels it enjoyed prior to the recession, the United States and Mexico are still under the influence of the worldwide economic slowdown. The cost of staple items dropped dramatically in the United States as a result of the recession.

Great Recession
Part of a series on the
Major aspects Subprime mortgage crisis 2000s energy crisis 2000s United States housing bubble 2000s United States housing market correction 2007–2008 financial crisis 2008–2010 automotive industry crisis Dodd–Frank Wall Street Reform and Consumer Protection Act European debt crisis
Causes Causes of the European debt crisis Causes of the 2000s United States housing bubble Credit rating agencies and the subprime crisis Government policies and the subprime mortgage crisis
Summit meetings 34th G8 summit (July 2008) G-20 Washington summit (November 2008) APEC Peru (November 2008) China–Japan–South Korea trilateral summit (December 2008) G-20 London Summit (April 2009)
Government response and policy proposals 2008 European Union stimulus plan 2008–2009 Keynesian resurgence American Recovery and Reinvestment Act of 2009 Banking (Special Provisions) Act 2008 Chinese economic stimulus program Economic Stimulus Act of 2008 Emergency Economic Stabilization Act of 2008 Federal Reserve responses to the subprime crisis Government intervention during the subprime mortgage crisis Green New Deal Housing and Economic Recovery Act of 2008 National fiscal policy response to the Great Recession Regulatory responses to the subprime crisis Subprime mortgage crisis solutions debate Term Asset-Backed Securities Loan Facility Troubled Asset Relief Program
Business failures American International Group Chrysler Citigroup Fannie Mae Freddie Mac General Motors Lehman Brothers Royal Bank of Scotland Group UBS
Regions Africa Americas South America United States Asia Europe Oceania
Timeline

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