By April 2026, it is projected that there is a probability of ***** percent that the United States will fall into another economic recession. This reflects a significant decrease from the projection of the preceding month.
As of January 2025, the largest all-time bankruptcy in the United States remained Lehman Brothers. The New York-based investment bank had assets worth 691 billion U.S. dollars when it filed for bankruptcy on September 15, 2008. This event was one of the major points in the timeline of the Great Recession, as it was the first time a bank of its size had failed and had a domino effect on the global banking sector, as well as wiping almost five percent of the S&P 500 in one day. Bank failures in the U.S. In March 2023, for the first time since 2021, two banks collapsed in the United States. Both bank failures made the list of largest bankruptcies in terms of total assets lost: The failure of Silicon Valley Bank amounted to roughly 209 billion U.S. dollars worth of assets lost, while Signature Bank had approximately 110.4 billion U.S. dollars when it collapsed. These failures mark the second- and the third-largest bank failures in the U.S. since 2001. Unprofitable banks in the U.S. The collapse of Silicon Valley Bank and Signature Bank painted an alarming picture of the U.S. banking industry. In reality, however, the state of the industry was much better in 2022 than in earlier periods of economic downturns. The share of unprofitable banks, for instance, was 3.4 percent in 2022, which was an increase compared to 2021, but remained well below the share of unprofitable banks in 2020, let alone during the global financial crisis in 2008. The share of unprofitable banks in the U.S. peaked in 2009, when almost 30 percent of all FDIC-insured commercial banks and savings institutions were unprofitable.
On November 11, 2021, the height, density, and species richness of trees were recorded in five plots along a 175 m transect at Hickory Point State Forest near Pocomoke City, Maryland. This data was divided into categories depending on if the tree was alive, dead, or a sapling. Emergent species' height, density, and richness was also recorded.
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This study was conducted using surface elevation tables (SETs) to determine the change in soil height over time. The study took place at Hickory Point State Forest near Pocomoke City, Maryland from 2015 to 2021. Instead of using the SETs to measure elevation, this dataset uses the concept of the height of the topographic surface established with respect to a local vertical datum, which can be more accurately measured.
This work captures a multi-year progression from 2013 to 2021 of change in the height of the topographic surface and freshwater status of the rooting zone that may indicate impending vegetation transition. Two Surface Elevation Tables (SETs) in a tidal Taxodium distichum swamp at Hickory Point State Forest near Pocomoke City, Maryland were used to collect data on the height of the topographic surface established with respect to a local vertical datum. Annual root production over time was measured by collecting data on ingrowth into mesh root bags. Root bags were collected at 5 set locations within the study area and analyzed to determine the weight in grams of new root production per meter cubed each year. This project also uses data from a CTD DIver probe in a well located next to one of the SETs in the study site 48 cm below soil level. The data also documents the depth, salinity, and pH of the water as well as the vegetation found in the freshwater swamps of Hickory Point. In 2013 five Taxodium distichum trees along a 125 m long transect were outfitted with dendrobands. Each year the growth of the T. distichum trees was measured in terms of the ratio of that year's circumference to the previous year's circumference. Tree growth was measured until the year the tree died or the conclusion of the study in 2021. In November of 2021, the height, density, and species richness of all tree species were recorded in five plots along a 175 m transect. This data was divided into catagories depending on if the tree was alive, dead, or a sapling. Emergent species' height, density, and richness was also recorded.
The statistic shows the gross domestic product (GDP) of the United States from 1987 to 2024, with projections up until 2030. The gross domestic product of the United States in 2024 amounted to around 29.18 trillion U.S. dollars. The United States and the economy The United States’ economy is by far the largest in the world; a status which can be determined by several key factors, one being gross domestic product: A look at the GDP of the main industrialized and emerging countries shows a significant difference between US GDP and the GDP of China, the runner-up in the ranking, as well as the followers Japan, Germany and France. Interestingly, it is assumed that China will have surpassed the States in terms of GDP by 2030, but for now, the United States is among the leading countries in almost all other relevant rankings and statistics, trade and employment for example. See the U.S. GDP growth rate here. Just like in other countries, the American economy suffered a severe setback when the economic crisis occurred in 2008. The American economy entered a recession caused by the collapsing real estate market and increasing unemployment. Despite this, the standard of living is considered quite high; life expectancy in the United States has been continually increasing slightly over the past decade, the unemployment rate in the United States has been steadily recovering and decreasing since the crisis, and the Big Mac Index, which represents the global prices for a Big Mac, a popular indicator for the purchasing power of an economy, shows that the United States’ purchasing power in particular is only slightly lower than that of the euro area.
In July 2024, global industrial production, excluding the United States, increased by 1.5 percent compared to the same time in the previous year, based on three month moving averages. This is compared to an increase of 0.2 percent in advanced economies (excluding the United States) for the same time period. The global industrial production collapsed after the outbreak of COVID-19, but increased steadily in the months after, peaking at 23 percent in June 2021. Industrial growth rate tracks the output production in the industrial sector.
On March 10, 2023, Silicon Valley Bank (SVB) collapsed, marking the first bank failure in the United States since 2021. As the 16th largest bank in the country at the time, SVB's failure resulted in the loss of approximately *** billion U.S. dollars in assets - the second-highest asset loss since the 2008 global financial crisis. Two days later, New York-based Signature Bank also failed, with asset losses of roughly ***** billion U.S. dollars, making it the third-largest bank failure in U.S. banking history. Between 2001 and 2024, the United States experienced a total of *** bank failures.
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By April 2026, it is projected that there is a probability of ***** percent that the United States will fall into another economic recession. This reflects a significant decrease from the projection of the preceding month.