Great Recession

5:00am

Mon January 27, 2014
Economy

Colorado Food Stamp Assistance Has Doubled Since Great Recession

A familiar sight, standing in line at the grocery checkout.
Kai Hendry Flickr - Creative Commons

1:46am

Thu September 12, 2013
Business

5 Years After Financial Crisis, Are Big Banks Still A Threat?

Originally published on Thu September 12, 2013 9:30 am

The headquarters of Lehman Brothers in Times Square in 2008, the year the financial services firm filed for bankruptcy.
Hiroko Masuike Getty Images

It's been five years since Lehman Brothers collapsed and touched off a banking crisis that is still being felt by the global economy. Today, the banking industry is a lot stronger than it was, but some critics say efforts to reform banking regulations have fallen short of their potential.

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2:23pm

Tue September 3, 2013
Business

New Carpet Factories Help Cushion Blows From Recession Losses

Originally published on Tue September 10, 2013 3:22 pm

Fibers are rolled into spools at the Engineered Floors carpet plant in Dalton, Ga.
Kathy Lohr NPR

Known as the "Carpet Capital of the World," Dalton, Ga., has struggled and lost 17,000 manufacturing jobs over the past decade.

But now, Engineered Floors is investing $450 million in two new manufacturing facilities and a distribution center in the area. The Dalton expansion is part of a resurgence in manufacturing in Georgia and it reflects an optimistic outlook for manufacturing across the Southeast.

Something Different, Something New

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2:55pm

Fri May 31, 2013
Planet Money

All The Wealth We Lost And Regained Since The Recession Started

Originally published on Sun June 2, 2013 5:47 pm

iStockphoto.com

American households lost roughly $16 trillion in net worth since the recession started in 2007. According to the latest Fed data, we regained about $14.6 trillion, or roughly 91 percent, of it. But let's not break out the champagne glasses just yet.

A new report from the St. Louis Fed shows that, after adjusting those numbers for inflation and normalizing them for population growth, we recovered less than half of what we've lost in wealth.

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2:30am

Mon April 29, 2013
NPR Story

States Question What To Do With Surging Tax Revenue

Originally published on Mon April 29, 2013 11:07 am

Across the country, state budgets are back in the black after years of belt-tightening and spending cuts. From California to Florida, in nearly every state, the economic recovery has produced a surge in tax revenue.

For governors and state legislators, that's produced a new question: how to spend the money.

The past three years have not been easy ones for elected officials. Nearly every state requires them to produce a balanced budget. And with declining revenue from sales, property and income taxes, that has meant big spending cuts.

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