Chicago’s economic timeline of the Great Recession
The financial meltdown began in 2007 and swept across the globe in 2008 and 2009. Chicago was not immune to the effects of The Great Recession, suffering double digit unemployment rates and a staggering amount of foreclosures. More than two years removed, the Windy City now appears to be on track toward recovery.
Want a quick primer on the meltdown and recovery? Take a look at Chicagoloopster’s economic timeline.
Photo: Stocks at the Chicago Board of Trade by Scott Olson/Getty Images North America
Photo: Chicago Board of Trade by mheisel, used under the Creative Commons license
Photo: Foreclosure sign by BasicGov, used under the Creative Commons license
Photo: ABOVE (stocks falling) by obknoxious, used under the Creative Commons license
Unemployment statistics from the Bureau of Labor Statistics
Quarterly earnings reports from the Medill News Service