This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.Find sources: "Economic recovery" – news · newspapers · books · scholar · JSTOR (May 2011) (Learn how and when to remove this template message)
A "Project funded by The American Recovery and Reinvestment Act" project sign
A "Project funded by The American Recovery and Reinvestment Act" project sign

An economic recovery is the phase of the business cycle following a recession, during which an economy regains and exceeds peak employment and output levels prior to downturn. A recovery period is typically characterized by abnormally high levels of growth in real gross domestic product, employment, corporate profits, and other indicators.

This is a turning point from contraction to expansion and often results in an increase in consumer confidence.

The United States experienced an economic recovery following the 2008 Great Recession. The country's inflation-adjusted median income has not dramatically changed since the end of the presidency of Lyndon Johnson.

See also

Further reading

Staff, Investopedia (2010-12-22). "Economic Recovery". Investopedia. Retrieved 2018-01-01.