Using real GDP and employment growth relative to the peak of the business cycle, the 2007-2009 recession, as compared to previous two recessions, in 1990 and 2001:

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Quizplus · Accepted Answer

The 2007-2009 recession, also known as the Great Recession, was deeper than the previous two recessions in 1990 and 2001, as it saw a more significant decline in real GDP and employment.

Using Real GDP and Employment Growth Relative to the Peak