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BlackRock Infographic: Economic And Market Backdrop

It took quite a bit longer than many expected, but in late September, the National Bureau of Economic Research told us the “Great Recession” ended in June of 2009. Spanning December 2007 to June 2009, this marked the longest reported recession since the Great Depression. Over the 78 months of its existence, the history-making recession resulted in an annualized decline in gross domestic product (GDP)of 2.8 and a loss of 7 million jobs