But he contends that the richly profitable automakers can afford to raise workers’ pay significantly to make up for what the union gave up to help the companies withstand the 2007-2009 financial crisis and the Great Recession.

Source: https://www.pressenterprise.com/2023/09/15/whats-at-stake-as-13000-workers-go-on-strike-at-major-us-auto-makers/

Colorado was still grappling with Great Recession aftershocks.

Source: https://www.denverpost.com/2023/02/16/chasing-progress-colorado-child-poverty-rates/

Coupled with a moderate startup cost, bookstores also enjoyed steady wage growth during both the Great Recession (+13%) and the latter part of the pandemic (+16%), making this type of business the most recession-proof of all.

Source: https://www.moneytalksnews.com/slideshows/the-10-most-recession-proof-businesses-in-2023/

He has complained that the companies have failed to restore concessions the union members made before and during the 2008-2009 Great Recession, when the industry was teetering.

Source: https://halifax.citynews.ca/2023/10/23/uaws-confrontational-leader-makes-gains-in-strike-talks-but-some-wonder-has-he-reached-too-far-2/

He said Wisconsin experienced unemployment delays during the Great Recession, but did not take action to “comprehensively” address the issue.

Source: https://urbanmilwaukee.com/2023/09/28/wisconsin-wins-grant-to-replace-troubled-unemployment-system/

However, economists don't project a housing crisis like during the Great Recession.

Source: https://rapidcityjournal.com/business/investment/personal-finance/the-2023-housing-market-in-5-charts/article_af3f3212-c5ce-580f-99bc-36245dcbdd3c.html

In 2022, the Dow, S&P 500, and Nasdaq produced their worst full-year returns since the Great Recession.

Source: https://www.fool.com/investing/2023/06/11/bull-market-indicator-not-wrong-in-67-years-stocks/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article&yptr=yahoo

Overall, the company operates in a broad construction industry, which is the major locomotive of the U.S. economy, especially considering the massive of homes after underinvestment in the industry since the Great Recession.

Source: https://seekingalpha.com/article/4639226-sterling-infrastructure-undervalued-fcf-star?source=feed_all_articles

The Great Recession hit them hard.

Source: https://www.heraldnet.com/news/homeless-for-years-stanwood-family-now-runs-busy-as-heck-hvac-business/

The Great Recession, spanning 2007 to 2009, saw WFC's stock price plummet as a result of the housing market collapse, caused by the US housing bubble burst.

Source: https://seekingalpha.com/article/4612129-wells-fargo-buy-the-market-technical-analysis?source=feed_all_articles

The percentage of Hawaii residents with incomes below the ALICE threshold rose during Great Recession and has never returned to pre-2008 numbers.

Source: https://www.civilbeat.org/2023/05/it-now-takes-a-six-figure-salary-for-a-family-of-4-to-make-ends-meet-in-hawaii/

There was the fallout from the dot-com bubble burst; then there was Sept. 11, followed by the Great Recession in 2008; then came the political chaos of increasing polarization, the specter of climate change and finally, the Covid pandemic.

Source: https://www.nytimes.com/interactive/2023/03/14/opinion/middle-age-millennials.html

This is the longest period of decline on record, even longer than during the Great Recession.

Source: https://www.standard.co.uk/business/andrew-bailey-bank-of-england-interest-rates-mortgages-b1126418.html

This rapid recovery post-pandemic sparked another head and shoulder pattern, similar to the one following the Great Recession.

Source: https://seekingalpha.com/article/4612129-wells-fargo-buy-the-market-technical-analysis?source=feed_all_articles

This sort of error would not be surprising given the economic turmoil we have seen since the collapse of the housing bubble and the Great Recession.

Source: https://www.counterpunch.org/2023/03/31/making-the-rich-richer-the-silicon-valley-bank-bailout/

“We have been on a big bull market (in construction) since we came out of the Great Recession.

Source: https://www.denverpost.com/2023/11/12/colorado-population-growth-rates/