Households are the sector that the financial accelerator appears to have hit hardest, according to the data.

The recent behavior of key fiscal policy variables draws some parallels with the U.S. experience in the Civil War and the two world wars. A specific concern is the possibility of high inflation to finance the accumulated debt.

The male labor force was hit harder during the recent recession because more jobs were lost in occupations and sectors that traditionally employ more men.

The relationship between unemployment and output growth changes during recoveries.

Politicians, market participants, and economists have argued about whether the increased trading induced by the growth of index funds over the past decade is a cause of high commodity prices.

U.S. gross domestic product (GDP) contracted significantly and persistently during the recent financial crisis and recession. Lessons can be learned from comparing the U.S. experience with that of other industrialized countries.

Despite the recent recovery in house prices, most state economies have yet to recover from the Great Recession.

For a significant number of industries - representing roughly a quarter of the U.S. economy - the most recent recession has been business as usual when judged by pre-recession trends. For a slightly larger group of industries, mostly related to construction, manufacturing, and trade, the...