• Many policymakers were caught off guard by both the onset and the scale of the Great Recession, which helps explain the inadequate policy response to the worst economic downturn since the Great Depression. (epi.org)
  • It turns out the economic downturn, or the Great Recession , might have hit more than the world's pocketbooks. (theepochtimes.com)
  • The study explains that job loss, home foreclosure and debt are leading causes of suicide during an economic downturn. (theepochtimes.com)
  • China is in the grip of a dangerous downturn and may be forced to rescue large parts of its financial and economic system, the world's leading expert on debt crises has warned. (smh.com.au)
  • A growing number of people are visiting temples to ask the gods for career advice during the economic downturn, but they are donating far less than in previous years, sources at various temples around the nation said on Sunday. (taipeitimes.com)
  • Several documentations and research regarding the recession have been made to make a better understanding of the economic downturn in 2008 as well as the global economy as a whole. (bartleby.com)
  • A recession is an economic downturn and happens in every country and some recessions are worse than others and the output of GDP and employment are falling farther and faster. (bartleby.com)
  • New economic figures point to a renewed downturn of the world economy amid a growing debt crisis in Europe and the threatened breakup of the euro zone. (globalresearch.ca)
  • Unlike in 2008, when the country elected Democrat Barack Obama and his running mate Biden as the global economy teetered from the sub-prime mortgage crisis and collapse of the Lehman Brothers investment bank, the worst of the current economic downturn may have passed already, economists and analysts say. (yahoo.com)
  • We were still falling into the abyss,' recalls Donald Kohn, who was the Federal Reserve's vice chair during the 2007-2009 Great Recession, which stood as the worst U.S. downturn since the Great Depression until it was eclipsed by the current crisis. (yahoo.com)
  • While industry has already crossed the threshold of recession, the downturn has not yet fully hit consumer-related service providers and the construction industry continues to run at high speed. (idw-online.de)
  • In July, the index was unchanged.Three or more consecutive negative quarters in the index indicate the danger of an impending recession, although the United States has seen the index fall into that pattern in recent years without winding up in a downturn. (deseretnews.com)
  • To address the economic downturn in the Eurozone, the ECB will be very strategic in the implementation of its stimulus measures. (euractiv.com)
  • Recession-proofing: Protect yourself from economic downturn. (moneysavingexpert.com)
  • Was the Recent Economic Downturn a Recession? (stlouisfed.org)
  • And while European banks have endured market volatility while U.S. peers outperform, analysts warn that U.S. banks are actually more exposed to an economic downturn than EU institutions. (pymnts.com)
  • But while banks may be feeling the heat, analysis from Citizens Bank suggests corporates remain quite optimistic - even as they acknowledge a possible impending economic downturn. (pymnts.com)
  • Reports in the International Business Times noted that many economists took the Federal Reserve's decision to cut the federal interest rate as an effort to mitigate recession risks, while bond yield fluctuations have been taken as yet another sign of an impending downturn. (pymnts.com)
  • Corporate financial officers are forecasting an impending economic downturn, according to a new survey of around 150 chief financial officers conducted by the consulting firm Deloitte. (newsweek.com)
  • But Cockrell noted that while there was an overwhelming consensus about the certainty of some sort of economic downturn, the predictions are not as dire as they may appear. (newsweek.com)
  • Millions of American believe a downturn is coming: 40% of people polled by personal-finance site Bankrate.com say they feel the next recession has already begun or will begin within the next 12 months. (marketwatch.com)
  • In the interim, economic conditions in America and around the world will become progressively worse in 2019 and 2020 as we head towards the day of reckoning. (news.com.au)
  • Today, the economic landscape is again ugly, with the U.S. economy technically in recession and 3.5% smaller than it was at the beginning of 2020 even after notching record high growth in the third quarter. (yahoo.com)
  • Still, Andrew does not believe we are headed for a recession in 2019 or 2020. (wpr.org)
  • Overall, the IMF expects the Covid-19 containment measures to lower global gross domestic product (GDP) in 2020 by a whopping 3.0%, an unprecedented deep recession since the Great Depression of the 1930s. (juliusbaer.com)
  • New York Senator and 2020 Democratic presidential candidate, Kirsten Gillibrand , told This Week she was concerned about the possibility of a recession in part because she views the USMC as a disaster. (upi.com)
  • Frank Foti, Vigor Industrial Board Vice Chairman and founding CEO, speaks during the 2020 Economic Forecast Breakfast. (columbian.com)
  • In addition to his economic predictions for 2020, Foti outlined his company's plans for its new Vancouver shipyard. (columbian.com)
  • That was one of the big takeaways from the annual 2020 Economic Forecast Breakfast on Thursday at the Hilton Vancouver Washington. (columbian.com)
  • After the keynote, Foti joined Port of Portland Director Curtis Robinhold, Washington Department of Commerce Director Lisa Brown, and Cornell Clayton, director of the Thomas S. Foley Institute for Policy at Washington State University, for a panel discussion about 2020 trends moderated by Jennifer Baker, president of the Columbia River Economic Development Council . (columbian.com)
  • 2020. "Bubbly Recessions. (aeaweb.org)
  • In its CFO Signals report covering the last quarter of 2019, Deloitte found that 97 percent of CFOs queried believe either an economic slowdown or recession will occur before the end of 2020. (newsweek.com)
  • Currently, just 3 percent of CFOs believe a recession specifically will occur before the end of 2020, whereas the vast majority believes a less-detrimental economic slowdown will take place. (newsweek.com)
  • In North America, nearly three-fourths of CFOs said they expect a deceleration of economic activity by the end of 2020, while only 15% expect a decline, according to a survey of chief financial officers by Deloitte. (marketwatch.com)
  • Larry Kudlow, director of the U.S. National Economic Council, speaks to members of the media at the White House in Washington, March 24, 2020. (go.com)
  • Scholars currently debate whether an global democratic recession is ongoing as of 2020, however Freedom House rankings have consistently declined since 2005. (wikipedia.org)
  • In 2020, Diamond said that COVID-19 was accelerating the democratic recession. (wikipedia.org)
  • The recession preceded the third-longest economic expansion in U.S. history, from February 1961 until the beginning of the Recession of 1969-1970 in December 1969-to date only the 1990s and post-financial crisis (2009-2020) have seen a longer period of growth. (wikipedia.org)
  • Some economists, such as me, rely on the convention that two successive quarters of negative growth mark the beginning of a recession and two successive quarters of positive growth mark the start of an expansion. (newyorker.com)
  • The quasi-official arbiter in these matters, a group of eminent economists that meets under the auspices of the National Bureau of Economic Research, takes a less deterministic approach. (newyorker.com)
  • Americans are far more optimistic than most real estate experts about the outlook for home prices but far more pessimistic than most economists and Wall Street watchers about the overall economic outlook. (pewresearch.org)
  • Economists consider the economic decline as one of the most damaging recessions that occurred since the Great Depression of 1930's. (bartleby.com)
  • I argue that these factors are responsible for the present economic recession that we are doubtfully out of, according to some economists. (punchng.com)
  • Fienup and other economists have repeatedly cited Ventura County's high cost of living and low wages as major inhibitors to economic growth. (vcstar.com)
  • As economic output was shown to have shrunk faster than expected in the third quarter, economists downgraded their growth forecasts for 2009 and rumours swirled that the Treasury is about to do the same. (thisismoney.co.uk)
  • D onald Trump's "economic madness" will push the US into a sharp -recession that risks dragging the rest of the world down with it, one of Britain's most senior economists has warned. (telegraph.co.uk)
  • Economists are far from perfect at identifying key turning points, such as a dip into recession. (csmonitor.com)
  • While the Italian government addresses its economic recession, European economists are uncertain whether Italy can provide sufficient economic stimulus to the domestic market. (euractiv.com)
  • After months of contraction, Canada's economy could be poised to plunge into a full-flung recession, government economists warn. (csmonitor.com)
  • The discovery, which surprised most observers, has led economists to question whether Canada is officially in recession already and what exactly is going wrong. (csmonitor.com)
  • Many free-market economists have made the case that economic regulation will ultimately fail to achieve its intended objectives. (quebecoislibre.org)
  • Nobel laureate economists George Stigler and Ronald Coase, using different methodologies, carried out many years of extensive research into the nature of economic regulation and its ultimate failure. (quebecoislibre.org)
  • The techniques by which to push an economy into recession and cause a market meltdown are also well known to free-market economists. (quebecoislibre.org)
  • However, it remains up for debate whether a recession is actually ahead, with Citizens' report suggesting that U.S. corporates perhaps aren't as convinced as some economists and banks are. (pymnts.com)
  • A lack of consensus with regard to an incoming recession is nothing new: Earlier this year, separate analysis similarly pointed to disagreements among economists and corporate finance executives over whether a recession is on the way. (pymnts.com)
  • Commenting on the current economic recession in the country, Kumuyi said: "The information is now made public and official that this is the worst recession situation in Nigeria in the last 29 years. (thisdaylive.com)
  • A former Central Bank of Nigeria (CBN) Governor, Prof Charles Chukwuma Soludo, has said that the current economic recession being witnessed in Nigeria is avoidable, insisting that it is caused by poor ideas by the country’s policy makers. (thisdaylive.com)
  • The Current Economic Recession" (PDF). (wikipedia.org)
  • Fienup in October predicted minor economic growth by 2019 but expressed less optimism Friday. (vcstar.com)
  • California defied naysayers by putting in another solid economic performance in 2018, but has gotten off to a slower start in 2019," Beacon says. (sacbee.com)
  • With the Legislature now in the final month of its 2019 session, lawmakers should grasp that doing something about housing is absolutely vital if California is to weather these volatile economic times. (sacbee.com)
  • The economic researchers at the Kiel Institute expect gross domestic product to grow by only 0.4 percent in 2019, 0.2 percentage points less than previously forecasted. (idw-online.de)
  • The economic growth Wisconsin experienced in 2018 will likely slow down this year, but the state is not headed for a recession in 2019, says Brian Andrew, the chief investment officer with Racine-based Johnson Financial Group. (wpr.org)
  • Larry Kudlow told Fox News Sunday he's confident that economic growth will top 3 percent in 2019 and beyond. (kcrg.com)
  • BERKELEY HEIGHTS, N.J. (AP) - President Donald Trump's top economic adviser is playing down fears of a looming recession after last week's sharp drop in the financial markets and predicting the economy will perform well in the second half of 2019. (kcrg.com)
  • It defines a recession as "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real G.D.P., real income, employment, industrial production, and wholesale-retail sales. (newyorker.com)
  • There are three reasons divorce rates decline in a recession. (canadianbusiness.com)
  • That may mean the fertility decline represents births postponed by families that intend to have children later - an option older women may not have - which fits previous research on economic shocks. (weforum.org)
  • Friday's employment report, which saw the economy shed 71,000 jobs in November from the month before - the worst monthly decline since the Great Recession - has breathed fresh life into Conservative attacks on the Trudeau government's handling of the economy. (macleans.ca)
  • Australia's economic boom and decline over the past years are closely related to China and involve a very wide range of goods. (theepochtimes.com)
  • Introduction The 2008-2010 recession is a period when an economic decline was witnessed in major world markets. (bartleby.com)
  • The country experienced a protracted period of serious economic decline characterized by lax financial management, inflation rates well over 40%, extensive government involvement in the economy and an extremely high budget deficit. (bartleby.com)
  • While a three-month trend is not enough to draw firm conclusions," the report continued, "each additional month of decline in index increases the risk that an economic slowdown is on the horizon. (sacbee.com)
  • Not so incidentally, NBER stresses that it does not define a recession as two consecutive quarters of decline in inflation-adjusted GNP, a commonly used standard for a recession. (industryweek.com)
  • Rather, NBER considers a recession to be "a period of significant decline in total output, income, employment, and trade, usually lasting from six months to a year, and marked by widespread contractions in many sectors of the economy. (industryweek.com)
  • The results of the analysis revealed overall that those who lived through economic recessions in early to mid-life were at higher risk of cognitive decline after the age of 50. (medicalnewstoday.com)
  • A new study indicates that adults who live through economic recessions during certain periods of adulthood may be at higher risk for cognitive decline later in life, according to results published in the Journal of Epidemiology and Community Health. (latimes.com)
  • Though the research suggests a link between economic recessions and cognitive decline, further research is necessary to make any concrete conclusions. (latimes.com)
  • Democratic recession refers to the decline of liberal democracy or the strength of democratic institutions in countries that formerly had a higher level of freedom and democracy. (wikipedia.org)
  • The term, coined by political scientist Larry Diamond, is analogous to economic recession which refers to a decline in the economy. (wikipedia.org)
  • The EU economy will experience a deep recession this year due to the coronavirus pandemic, despite the swift and comprehensive policy response at both EU and national levels. (europa.eu)
  • The techniques by which to lift an economy out of a deep recession or depression are well-documented and well-proven. (quebecoislibre.org)
  • There are a dozen significant economic indicators that are warning that the U.S. economy is heading into a recession. (theeconomiccollapseblog.com)
  • The Legislative Analyst's Office (LAO) has created what it calls the "State Fiscal Health Index" - a basket of specific economic indicators - in a valiant effort to chart what's happening more or less in real time. (sacbee.com)
  • The Index of Leading Economic Indicators, a barometer of future economic activity, declined 0.8 percent in September in yet another warning sign of tough times ahead, the government said Friday. (deseretnews.com)
  • All the economic indicators point to this, Manager of the Chamber of Commerce in Gaza Maher al-Tabbaa told Xinhua. (xinhuanet.com)
  • Multiple speakers insisted that current indicators don't point toward a recession this year - but their focus on the topic highlighted an increasing anxiety about the possibility among the business community. (columbian.com)
  • Moreover, certain variables, such as leading economic indicators, offer insight into recession odds in the distant future. (frbsf.org)
  • The county suffered from a recession in 2016, according to an October CERF forecast that analyzed government data. (vcstar.com)
  • Hon Dozie went ahead to note that,after a decade of growth of about 6% in the Nigerian economy, Nigeria has been adjudged to be in the phase of recession following a sustained drop in her gross domestic product (GDP) of about 2.06 percent in the second quarters of 2016 after falling 0.36 percent in the previous three months. (vanguardngr.com)
  • According to the Senate, the summoning of both the CBN governor and the Finance Minister has become imperative following last week's report on the nation's economic scorecard for the first quarter of the year 2016 for Gross Domestic Product, GDP by the National Bureau of Statistics, NBS on the inflation and unemployment levels. (vanguardngr.com)
  • Convinced that the current economic slump, meeting the key budgetary revenue projections of the 2016 budget is practically impossible and the need to have a rethink to avoid deepening budget deficit or poor budget implementation. (vanguardngr.com)
  • There is no generally accepted definition of a recession. (newyorker.com)
  • We can quibble over the definition of a recession and take satisfaction in the fact that India is far away, still, from two consecutive quarters of negative growth. (indiatimes.com)
  • Although economic hardship and insecurity adds stress to relationships and increases the risk of divorce, the overall divorce rate usually drops when unemployment rates rise. (weforum.org)
  • Early on, quantifiable losses such as unemployment numbers, loss of income, foreclosure statistics, and the like painted a concrete picture of the tangible effects of trying economic times. (goodtherapy.org)
  • WASHINGTON -- Former General Electric CEO Jack Welch rewrote economic history during a Saturday appearance on Fox News, criticizing President Barack Obama for "the 2009 recession," while offering a new metric by which unemployment would be 11 percent. (huffingtonpost.com)
  • The real unemployment rate, if you take the last 10 years prior to the 2009 recession, a 10-year average of what's called the participation rate -- how many people are working temporarily, full-time, and wanting to work -- if you take that number, and you take the 10-year average, and you run it now with this workforce, you would have an unemployment rate close to 11 percent," Welch said. (huffingtonpost.com)
  • As businesses across the nation continue to struggle in the recession and unemployment remains uncomfortably high, New York City 's restaurant and bar industry grew in June, due in no small part to cupcake cafes, some analysts say. (nbcnewyork.com)
  • Hillary Clinton frequently warned a recession would be brought on by a Donald Trump presidency, but unemployment has continued to tick down since 2017, the stock market has soared and economic optimism and consumer confidence are up. (freebeacon.com)
  • Appearing on Fox News Sunday , Kudlow said "there's no recession on the horizon" citing strong retail sales and low unemployment as evidence the U.S. economy is still strong despite a rollercoaster week on Wall Street. (upi.com)
  • The findings illustrate the complexity of influences that the economic crisis have had on health inequalities in a region with a very high unemployment rate. (umu.se)
  • Paid SurveysOffer An OutletTo The EconomicRecession One Company is Allowing People to Earn Extra Income by Simply Taking Online Surveys The unemployment rate in America has doubled that of what it was two years ago and continues to plague many with. (calameo.com)
  • Economist Julia Coronado, president of New York-based economic research firm Macropolicy Perspectives, said, "The unemployment rate is at a 50-year low, GDP growth has been solid, markets are buoyant and inflation is low and stable. (marketwatch.com)
  • These findings suggest that about two fifths of the recent increase in suicides among men (increase of 329 suicides, 126 to 532) during the 2008-10 recession can be attributed to rising unemployment. (bmj.com)
  • Exploiting variation in the severity and timing of the recession across states, we estimate the effect of unemployment on SSDI applications and awards. (nber.org)
  • While President Trump denied Thursday that the US is in a "massive recession or worse" despite the fact that a r ecord-breaking 6.6 million Americans filed for unemployment benefits last week amid the economic crisis brought on by the coronavirus pandemic, his top economic adviser delivered an unvarnished message about the dire economic realities facing the country. (go.com)
  • Though the recession ended in November 1960, the unemployment rate did not peak for several more months. (wikipedia.org)
  • In all likelihood, the coming economic crisis will be worse than the Global Financial Crisis because global debt is more than $US85 trillion higher than in 2007," Mr Adams told news.com.au. (news.com.au)
  • but while major store sales are about to drop negative YoY for the first time in over 3 years, the utter collapse in general merchandise sales is worse that at the peak of the last recession at -5% . (theeconomiccollapseblog.com)
  • Bosworth, Barfield and Moore agree on one thing: If a slower economy feels like a recession to Americans, it will feel far worse to some nations in Europe and in Asia. (rferl.org)
  • The situation may feel worse than it did during previous recessions as the economy has been so stable in recent years that it will not take a big increase in volatility to raise insecurity levels. (thisismoney.co.uk)
  • “Poor ideas transcended over superior ideas, and we went into recession, which was slightly avoidable. (thisdaylive.com)
  • Bush sees what he calls 'warning signs' that the recent economic slowdown could be dangerous. (rferl.org)
  • These figures follow the release earlier this week by the Organization for Economic Cooperation and Development (OECD) of a new global forecast predicting a slowdown in growth in the advanced economies. (globalresearch.ca)
  • This is not indicative of a pending recession, but rather the result of a slowdown in labor force growth and rising housing costs, both of which require time to solve. (sacbee.com)
  • Another reason Wisconsin will likely see a slight slowdown in economic growth this year is corporations won't be getting the corporate tax cut they received in early 2018, Andrew said. (wpr.org)
  • This reassessment of the China Strategy comes as member states are rethinking their own relationships with Beijing while facing the effects of a global economic slowdown on Europe. (euractiv.com)
  • The keynote speaker, Vigor Board Vice Chairman Frank Foti, touched on a few common concerns he's heard recently, including an economic slowdown in Europe overall and Germany in particular, continuing trade tensions with China, the impact of Brexit and, more locally, Boeing's ongoing struggles to get its 737 Max jets back in the air. (columbian.com)
  • Similarly, the SurveyMonkey survey concluded that 22% of Democrats who have cut spending said they feared an economic slowdown versus just 10% of Republicans. (marketwatch.com)
  • Peter Harbison, executive chairman of CAPA - Centre for Aviation, told CNBC this week that there are portentous signs from the airline industry of an economic slowdown. (marketwatch.com)
  • So far the Fed rate cuts have had no discernible impact on the plunging rate of business investment, the most important factor in the economic slowdown. (wsws.org)
  • Copper is acting exactly as it did when I wrote about the impotence of liquidity in the face of the (then imminent) 2007 recession. (theeconomiccollapseblog.com)
  • With that established, it's important to note that an imminent recession is not Paulsen's base case. (businessinsider.com)
  • Still, all that doesn't add up to an imminent recession, he said. (columbian.com)
  • Search Recession/stimulus publications by content, author, and type. (epi.org)
  • The rigid rules of the stability pact inhibit use of budget stimulus a l'outrance in a recession. (smh.com.au)
  • At noon on Friday, Jan. 25 ECRI's Lakshman Achuthan spoke with Stuart Varney and Dagen McDowell about the difference between stimulus designed to avert a recession and that designed to mitigate a recession. (businesscycle.com)
  • Excessive stimulus will push up -inflation to painful and potentially -uncontrollable levels, forcing the Federal Reserve to hike interest rates too quickly, ultimately resulting in a recession, Mr Fisher said. (telegraph.co.uk)
  • Ignoring this, elected officials have loudly called for economic stimulus packages backed by stringent economic regulation in order to protect consumers, create new jobs, and strengthen and stabilize the economy. (quebecoislibre.org)
  • Friday's 2018 Economic Outlook Forecast Breakfast featured a variety of speakers and a prediction that Ventura County's recession would continue. (vcstar.com)
  • Matthew Fienup, executive director of California Lutheran University's Center for Economic Research, presents his predictions for Ventura County's economy during the 2018 Economic Outlook Forecast Breakfast. (vcstar.com)
  • Ventura County's recession may continue for more than a year due to the aftereffects of the Thomas Fire, according to a presentation at Friday morning's 2018 Economic Outlook Forecast Breakfast at California Lutheran University. (vcstar.com)
  • In the fourth quarter of 2018, the Italian Statistic Agency (Istat) reported that the economy shrank by 0.2% which represents a decrease in economic output for two consecutive quarters. (euractiv.com)
  • Are You Prepared For The Coming Economic Collapse And The Next Great Depression? (theeconomiccollapseblog.com)
  • Unsustainable growth can suddenly exhaust itself and collapse into economic recession -- in which the economy shrinks rather than grows. (rferl.org)
  • The economic situation in Gaza is on the brink of collapse. (xinhuanet.com)
  • Economic recession is a significant problem in all economies which may lead to collapse of different economic sectors. (supremeessays.com)
  • Competitive speculation in risky bubbles can result in excessive investment booms that precede inefficient busts, where post- bubble aggregate economic activities collapse below the pre-bubble trend. (aeaweb.org)
  • We further show that the collapse of a bubble can push the economy into a "secular stagnation" equilibrium, where the zero lower bound and the nominal wage rigidity constraint bind, leading to a persistent recession, such as the Japanese "lost decades. (aeaweb.org)
  • Economic recession finally caused the collapse of the business in 1867. (wikipedia.org)
  • Expansionary fiscal policy, on the other hand, is a fiscal policy where the government spends more money than the tax revenues especially during the recession. (supremeessays.com)
  • The essay is aimed to prove the thesis statement, that if the both, the expansionary monetary policy and the expansionary fiscal policy could be applied together to move an economy out of recession, then they would be more effective than using each in isolation. (supremeessays.com)
  • The report also warned that future Scottish economic growth could be hit if the UK voted to leave the European Union. (bbc.co.uk)
  • Prof Ashcroft said: "At a time when there is increasing policy concern about Scotland's productivity and growth performance, a vote to leave the EU would place an unnecessary burden on Scottish companies and economic policy. (bbc.co.uk)
  • Paul Brewer, from report sponsors PwC in Scotland, said: "While Scotland has edged away from recession in the fourth quarter, the data suggest that for some sectors Scotland is flirting with recession and, in areas of growth, is struggling to grow at a pace comparable to the rest of the UK. (bbc.co.uk)
  • This yield curve is used as a benchmark for other debt in the market, such as mortgage rates or bank lending rates, and it is also used to predict changes in economic output and growth. (theeconomiccollapseblog.com)
  • Steel, machine tools, power generation, dams and irrigation canals --- these were essential for India's industrialisation and rapid economic growth at the time of Independence and beyond the capacity, for the most part, of India's fledgling private sector. (indiatimes.com)
  • Hong Kong is facing its first recession in a decade, with all its growth pillars under significant stress. (yahoo.com)
  • Mr Adams said that inversion followed two or more quarters of negative economic growth - the most telling sign of an impending US recession. (news.com.au)
  • According to Mr Adams, it's usually a sign of overly restrictive policies occurring at the same time as economic growth slowing. (news.com.au)
  • Now that the yield curve has inverted, based on historical experience of the last seven recessions going back to 1969, the first quarter of negative economic growth could commence in the United States anywhere between three and 27 months," he said. (news.com.au)
  • But during a meeting in Malawi they also noted that the economic rebound had improved growth prospects for this year. (voanews.com)
  • ECA Executive-Secretary Abdoulie Janne told delegates Africa's projected economic growth rate for this year would improve to 4.3 percent from 1.6 percent last year, although he noted this rate is still too low to meet the Millennium Goal of halving poverty in five years. (voanews.com)
  • This hurt economic growth and destroyed jobs. (voanews.com)
  • In a few years Malawi became a net exporter of food and its annual economic growth rate reached six percent. (voanews.com)
  • They are in a serious growth recession and the trade war is kicking them on the way down,' he told UK's The Daily Telegraph , speaking before the World Economic Forum in Davos. (smh.com.au)
  • Over the past 20 years, China has transformed from playing a marginal role in the world economy to becoming an engine pushing the economic growth of many countries. (theepochtimes.com)
  • Rapid economic growth in sub-Saharan countries gave local people cause for hope of a new era of prosperity. (theepochtimes.com)
  • He told RFE/RL that he foresees no recession soon, but he adds that several months of slower growth could be painful in America. (rferl.org)
  • For Americans, that's going to feel like a recession because we've been so accustomed to 4 percent growth now. (rferl.org)
  • economy was in a small recession when entering the war, which was reversed by a 44 month period of growth caused by production for the war (NBER). (bartleby.com)
  • In Britain, the Office for National Statistics downwardly revised its official estimate for economic growth in the first quarter of 2012 to a contraction of 0.3 per cent. (globalresearch.ca)
  • The coronavirus is still surging across much of the United States, and consumer fear and new lockdowns will curb economic growth prospects. (yahoo.com)
  • Despite this, certain data points can help us understand whether shifting economic conditions are likely to lead to growth or declines in state revenues in the coming months. (sacbee.com)
  • I think our view today is while the economy and growth rate may be slow, with the pace we are coming out of for the last two years, I really don't see a recession, certainly not in the state of Wisconsin. (wpr.org)
  • Welch's comments came during an interview with Fox's Neil Cavuto, in which Welch claimed that if Mitt Romney were elected president, economic growth would be roughly double what it will be if Obama is reelected. (huffingtonpost.com)
  • Now, he will have to deliver an economic upswing: for enabling citizens applauding the nuclear deal to reap the rewards of the new openings and to reach his ambitious 8% annual GDP growth target. (iwkoeln.de)
  • The second half of the year will likely see economic growth rebounding. (credit-suisse.com)
  • When the last recession hit, it came after a period of growth and stability, so things had a long way to fall. (moneysavingexpert.com)
  • After more than a decade of sustained economic growth, the question of a recession is becoming increasingly hard to avoid. (columbian.com)
  • The September Economic Outlook from the Organisation for Economic Co-operation and Development (OECD) indicates that growth prospects have significantly dimmed for major industrialized economies (OECD 2011). (frbsf.org)
  • Expansionary economic policies encourage economic growth. (supremeessays.com)
  • And increasing concerns about a reversal of the longest economic expansion in U.S. history come amid related anxieties about Trump administration policies that may be hampering growth. (newsweek.com)
  • While Deloitte's survey does not augur well for future growth, if current trends hold, there may be enough economic heft to carry President Donald Trump over the finish line in November, some analysts believe. (newsweek.com)
  • The UK stands on the verge of its worst recession since the early 1980s. (thisismoney.co.uk)
  • According to the National Bureau of Economic Research (NBER), the official arbiter of U.S. business cycles, since 1854 the U.S. economy has experienced 34 cycles in all, and since the modern era of macroeconomics began post World War II, it has experienced 12 cycles in total (including the present one in both instances). (cnbc.com)
  • By John S. McClenahen When it comes to ruling on economic recessions in the U.S. the generally accepted arbiter is the National Bureau of Economic Research (NBER) Inc. in Cambridge, Mass. And NBER is saying the U.S. economy is not in recession. (industryweek.com)
  • Biden's economic agenda is likely to focus first and foremost on getting the country past the coronavirus crisis, both as a health and economic issue. (yahoo.com)
  • The programme could not have come at a more appropriate time, as it came amid the country's growing debate on recession and pragmatic steps to be taken to reverse the dwindling fortunes of our economy. (vanguardngr.com)
  • This common belief is true, for a time, but the post war complications often lead to recession or even depression due to inflation or governmental interference or influence. (bartleby.com)
  • But the key cause-issue in the economy will be the degree to which banks start lending to each other and to business again - and this will determine the speed of the economy's recovery: a continuing credit crunch will lead to a prolonged depression rather than a brief recession. (thisismoney.co.uk)
  • KUWAIT CITY: Stock markets in the oil-rich Gulf states opened the week sharply lower on Sunday, driven by investor fears over the impact of the global economic recession on the region. (indiatimes.com)
  • He said he fears Trump is driving the global economy into a recession. (kcrg.com)
  • The unexpectedly large interest rate cut announced by the Federal Reserve Board last week demonstrates that the US central bank shares the fears of renewed recession that are widespread in corporate America. (wsws.org)
  • But after three months of anti-government protests, the semi-autonomous Chinese city, a shopper's paradise and gourmet destination for millions of tourists each year, is facing an existential as well as an economic crisis. (yahoo.com)
  • Gulf investors appear to be nervous over international reports which spoke of heavy losses incurred by sovereign wealth funds (SWFs) owned by Gulf governments because of the global financial crisis and impending economic recession. (indiatimes.com)
  • #6 NYSE margin debt peaked right before the recession that began in 2002 , it peaked right before the financial crisis of 2008 , and it is peaking again . (theeconomiccollapseblog.com)
  • The most dramatic impact was on birth rates, which dropped precipitously, especially for young women, as a result of the economic crisis. (weforum.org)
  • Moreover, global recovery remains fragile and given the vulnerability of our economies to external shocks it is only prudent to remain vigilant and to imbibe the hard-learned lessons of global economic crisis," said Janne. (voanews.com)
  • Janne said the global economic crisis had compelled a global re-think of development strategies and policies. (voanews.com)
  • In fact, he says, the surging American economy was the most effective factor in ending the Asian economic crisis of the late 1990s. (rferl.org)
  • Especially in this crisis compared with 1929 World Economic Crisis in September 2008 has become visible. (bartleby.com)
  • problems throughout its existence as recessions and depressions came into play and single handedly pushed America into a financial crisis. (bartleby.com)
  • SAN FRANCISCO/NEW YORK (Reuters) - Joe Biden is returning to the White House to lead the United States in the midst of an economic crisis after beating President Donald Trump in Tuesday's election, a turn of events likely to conjure an eerie sense of deja vu for the Democratic former vice president. (yahoo.com)
  • The German economic outlook has been adversely affected above all by the political uncertainty caused by trade conflicts and the Brexit crisis, with investment and exports coming under particular pressure. (idw-online.de)
  • In its World Economic Outlook, the IMF sees the softening U.S. economy and the euro area fiscal crisis as the two major factors threatening the world economy (IMF 2011b). (frbsf.org)
  • Since the 2008 economic crisis, education officials have added economic instruction to their classrooms. (lubbockonline.com)
  • As the recent financial crisis illustrates, consumers who can make informed decisions about financial products and services not only serve their own best interests, but, collectively, they also help promote broader economic stability. (lubbockonline.com)
  • We also found that social support was strongly associated with better mental health before and during the economic crisis in Andalusia. (umu.se)
  • Unrestrained spending, with no economic reforms and high level of corruption, has exposed the county to such a big economic crisis. (debtconsolidationcare.com)
  • It is time that we all start analyzing our stands so that we can prevent another round of economic crisis from happening. (debtconsolidationcare.com)
  • But the realities of the crisis ultimately overtook the administration's pronouncements of economic confidence. (go.com)
  • For starters, China's recent economic data, as massaged as it is to the upside, is downright awful. (theeconomiccollapseblog.com)
  • China's economic recession has resulted in a decrease of its purchasing power. (theepochtimes.com)
  • By referring to "the 2009 recession," however, Welch creates a timeline in which Obama is the only president presiding over economic hardship. (huffingtonpost.com)
  • Despite what seems to be endless hardship in Nigeria following the economic recession the country is facing in, the General Overseer of the Deeper Christian Life Ministry, Pastor Williams F. Kumuyi, has stated that the nation would eventually overcome the challenge. (thisdaylive.com)
  • Our model does a good job of accounting for the joint behavior of labor and goods markets, as well as inflation, during the Great Recession. (aeaweb.org)
  • According to the model the observed fall in total factor productivity and the rise in the cost of working capital played critical roles in accounting for the small drop in inflation that occurred during the Great Recession. (aeaweb.org)
  • Last week, according to CNBC reports , Credit Suisse released its own analysis concluding that key metrics "remain quite healthy," according to the bank's Chief U.S. Equity Strategist Jonathan Golub, adding that metrics like inflation and earnings quality remain indicative of economic expansion. (pymnts.com)
  • Prof Brian Ashcroft, from the Fraser of Allander Institute, said: "The Scottish economy came within a hair's breadth of recession last year and, with little improvement recently, may fail to avoid a recession in the coming months. (bbc.co.uk)
  • When this happens, it takes about a year, on average, for the U.S. economy to slip into a recession. (theeconomiccollapseblog.com)
  • The current economic recovery, which hit the five-year mark this month, has underperformed other recent expansions that have lasted at least as long. (pewresearch.org)
  • Mr Adams said an inversion of the "one year to 10 year" yield curve had been the most accurate prediction of a coming recession since the 1960s - a phenomenon also recognised by the US Federal Reserve. (news.com.au)
  • As a mining state, Western Australia enjoyed a 10-year economic boom through the sale of iron ore-the main raw material for making steel-to China. (theepochtimes.com)
  • LONDON -- Industrial production in the United Kingdom declined for the second consecutive quarter in the first three months of this year, signaling a recession, data released Thursday showed. (wsj.com)
  • and our belief is that we are very likely to see the recession continue for a third year in the county, which would be unprecedented. (vcstar.com)
  • In a recent note to clients, the Leuthold CIO outlined six reasons investors should beware a surprise economic shock before the end of the year. (businessinsider.com)
  • At the end of this week, the current economic expansion will complete its eighth year and become 96 months old. (cnbc.com)
  • On June 30, the current economic expansion cycle will complete its eighth year and become 96 months old. (cnbc.com)
  • The historical unconditional probability of having a recession in any given year is roughly 15 percent. (cnbc.com)
  • It is fair to say the year has ended with a growing sense of economic gloom. (thisismoney.co.uk)
  • If the authorities take further successful steps to get credit moving again then we will see the recession ease off after the first half so that in the second half of the year the economy should cease contracting. (thisismoney.co.uk)
  • In the coming year, the number of people in employment is likely to fall again for the first time since the Great Recession, to 45,120 million. (idw-online.de)
  • Some 35% of the lowest earners - classified as those making under $30,000 a year - are taking no preventative measures in case of a recession, compared to 28% of those earning the most at over $80,000 a year. (yahoo.com)
  • Updated forecasts suggest that the probability of a U.S. recession has remained elevated and may have increased over the past year, in part because of foreign financial and economic crises. (frbsf.org)
  • In this Economic Letter , we join this ensemble, updating the recession probabilities provided last year in Berge and Jordà (2010). (frbsf.org)
  • The 2007/2008 economic recession caused an estimated increase of about 2000 suicide attempts in men and about 3000 in women in Andalusia during the five year period of 2008-2012. (umu.se)
  • Morgan Stanley said last month that there is a 20 percent of a recession in the coming year. (pymnts.com)
  • Speaking on the theme: "Managing a Recessed Economy", he noted that Nigeria slipped into recession barely a year after the current administration took over power, and the inability of the country’s policy makers to rise to the challenge plunged her into recession. (thisdaylive.com)
  • Last year, 15 percent of CFOs predicted a recession. (newsweek.com)
  • There has not been much change in children's economic well-being over the past year, but there has been a sharp deterioration compared with conditions before the recession. (urban.org)
  • The social welfare aspects of economic downturns like this can't be ignored. (theepochtimes.com)
  • between economic downturns and economic upturns (Investopedia n.d. (bartleby.com)
  • Additionally, the researchers looked at yearly per capita fluctuations in Gross Domestic Product (GDP) in each of the 11 countries between 1959 and 2003 to determine economic downturns. (medicalnewstoday.com)
  • NBC News' Meet the Press host Chuck Todd noted that Kudlow made similar comments in December 2007 ahead of one of the worst economic downturns in U.S. history. (upi.com)
  • The third quarter is bound to confirm the recession by its technical definition of two consecutive quarters of economic contraction. (yahoo.com)
  • Seven times since the 1960s we have seen the yield curve invert, and in each of those seven instances an economic recession in the United States has followed. (theeconomiccollapseblog.com)
  • It was an ambience of intellectualism and aura as the University of Nigeria Nsukka, economics department was suffused with members of the institution's governing board, lecturers, staffs and students who thronged out en-masse to witness what could be best described as a gathering of titans. (vanguardngr.com)
  • The self effacing lawmaker, Hon. Dozie Nwankwo in his incisive paper titled : "Economic Recession in Nigeria: Challenges and Solutions", held the audience spell bound as he poignantly delivered a critical and analytical thesis on the state of the economy and the way forward. (vanguardngr.com)
  • ABUJA- WORRIED by the present economic state of the country, the Senate has summoned the Minister of Finance, Mrs. Kemi Adeosun and the governor of Central Bank of Nigeria, CBN, Mr. Godwin Emefiele to appear before it and brief the upper chambers on the Monetary and fiscal policies adopted to salvage the current economic situation. (vanguardngr.com)
  • He said that part of the problem Nigeria was having in the quest to get out of recession was poor policy. (thisdaylive.com)
  • He insisted that it was easy for Nigeria to get out of recession, but that anymore attempt to enter into recession in the future would be more devastating than what is witnessed today. (thisdaylive.com)
  • Zandi and his colleagues published a report showing that several different economic models Moody's has historically used suggest a re-election victory for Trump. (newsweek.com)
  • All of this suggests an economic recovery will produce a spike in divorces. (canadianbusiness.com)
  • In these hard economic times, this research suggests it is critical to look for ways of protecting those who are likely to be hardest hit. (theepochtimes.com)
  • Whether the U.S. economy is headed for a recession is anyone's guess, but a new survey by Bankrate suggests many consumers won't be ready if it happens. (yahoo.com)
  • Viewed through the domestic lens, the immediate risks of recession appear to be low, but gradually increasing. (frbsf.org)
  • Yet, as the economy strengthens, recession risks will gradually abate beginning in the second half of 2012. (frbsf.org)
  • Businesses should seize every opportunity to assess the economic landscape and make well-informed decisions on how to hedge their risks. (pymnts.com)
  • Uncertainty about the economic outlook and heightened geopolitical risks have made companies reluctant to expand their operations, hire workers, or buy new equipment. (wsws.org)
  • Plants are being shut down, people are being laid off, farmers are committing suicide, whether out of economic troubles, as the government's critics allege, or driven by the melancholy of rustic life. (indiatimes.com)
  • The probability of a recession based on the index has gone to over 90 percent," said Micheal Niemira, an economist at Mitsubishi Bank in New York. (deseretnews.com)
  • Former Coalition economic adviser John Adams. (news.com.au)
  • White House economic adviser Larry Kudlow said Sunday he does not see any recession on the horizon after an up and down week for the stock markets. (upi.com)
  • Aug. 18 (UPI) -- White House economic adviser Larry Kudlow and trade adviser Peter Navarro dismissed concerns about a recession Sunday after markets plummeted on Wednesday but bounced back by the week's end. (upi.com)
  • Italy has tried to counteract the economic contraction by increasing its public debt . (weforum.org)
  • In fact, Chicago PMI has dipped below 50 (indicating contraction) for the first time since the last recession. (theeconomiccollapseblog.com)
  • European Economic Forecast. (europa.eu)
  • A similar appraisal comes from UCLA's Anderson Forecast , which has created its own month-to-month indicator in hopes of tracking real-time effects of volatility on California, saying it "will be as current as the most current economic data. (sacbee.com)
  • A video interview with Chris Thornberg, PhD, GBR Editorial Review Board Member, and principal of Beacon Economics, who offers an economic forecast for 2009. (pepperdine.edu)
  • From an operational viewpoint, predicting a binary outcome-recession or expansion-over a long forecast horizon is easier than predicting GDP. (frbsf.org)
  • In Berge and Jordà (2010), we used the components of the Conference Board's Leading Economic Index (LEI) ( www.conference-board.org/data/bci.cfm ) to forecast the odds of recession. (frbsf.org)
  • The resulting recession was a surprise to many Americans, but it should not have been. (theeconomiccollapseblog.com)
  • Are Americans out of Sync with Economic Reality? (pewresearch.org)
  • During the last recession, millions of Americans lost their jobs and millions of Americans lost their homes. (theeconomiccollapseblog.com)
  • If you follow the United States' economic recovery, you probably know that there are about 10.5 million unemployed Americans and constant debates about how to create more jobs. (bartleby.com)
  • Still, nearly a third of Americans (31%) aren't doing anything at all to prepare themselves for a recession, Bankrate found. (yahoo.com)
  • A third of Americans saying that they're actively saving more for emergencies is a step in the right direction, regardless of what the economic path is ahead. (yahoo.com)
  • The stark contrast between everyday Americans' assessment of the economy and what data say about the economy highlights the risk of talking ourselves into a recession. (marketwatch.com)
  • One last bit of economic news before moving on. (macleans.ca)
  • The worsening economic news has also hammered the European banking sector. (globalresearch.ca)
  • The latest batch of economic news, including trouble in sales of new homes and in orders for durable goods, has focused investors on one issue: Just how durable is the economic recovery? (csmonitor.com)
  • Home All News Business Texans: 'What Economic Recession? (goodnewsnetwork.org)
  • NEWS A study carried out in Andalusia, Southern Spain, following the 2007/2008 economic recession detected increasing inequalities in male mortality rates. (umu.se)
  • All the data reveals that May was an especially bad month for the country's economy, edging Canada even closer to the dreaded recession. (csmonitor.com)
  • He said a recession in the US was likely to have global consequences as America still had the world's biggest economy - and that the impact on Australia would depend on government decisions. (news.com.au)
  • A new study claims the recession also caused more than 10,000 suicides in North America and Europe. (theepochtimes.com)
  • Barfield told RFE/RL that would risk a recession -- known in America as a 'hard landing' from a high-flying economy. (rferl.org)
  • This flurry of wartime economic activity, however, was accompanied by rationing in America and in the UK, with most families having to subsist on the barest of essentials. (quebecoislibre.org)
  • The government increases its budgets to influence different economic activities. (supremeessays.com)
  • Objective To determine whether English regions worst affected by the economic recession in the United Kingdom in 2008-10 have had the greatest increases in suicides. (bmj.com)
  • Whatever the exact G.D.P. figures turn out to be, it is fairly certain that we will see two successive quarters of economic expansion, which (in my book, anyway) qualifies as the end of the recession. (newyorker.com)
  • To be in recession, the economy has to shrink for two successive quarters (over six months). (moneysavingexpert.com)
  • In the end, the sheer fact that Wall Street experts like Paulsen are so braced for the possibility of an economic meltdown may be a preventive measure, since it's hard to get caught off-guard by something on your radar. (businessinsider.com)
  • WASHINGTON - The Wall Street meltdown of 2008 and the ensuing recession did little to help make high school seniors financially savvy, and less than half of them have a solid understanding of economics, according to an Education Department report released Tuesday. (lubbockonline.com)
  • Recessions are categorized as periods in which gross domestic product -- a measure of economic output -- declines. (huffingtonpost.com)
  • The researchers note that economic recessions during these time periods were associated with adverse conditions, such as lay-offs, enforced part-time working and the need to take lower paid work. (medicalnewstoday.com)
  • Paulsen ultimately foresees the economic expansion being derailed by something that blindsides everyone. (businessinsider.com)
  • It's a clear indication we're in recession," said Cynthia Latta, an economist at DRI/McGraw Hill in Lexington, Mass. "If the number of jobs out there is shrinking, I don't know how you can call it anything else. (deseretnews.com)
  • For now, the path to the bear case of a U.S. recession is still narrow, but not unrealistic," said Morgan Stanley's analysis, led by Chief U.S. Economist Ellen Zentner, according to CNBC reports last month . (pymnts.com)
  • Paulsen also closely watches consumer confidence , which he says can provide valuable hints around when economic expansions are due to roll over. (businessinsider.com)
  • Why should anyone care about dating expansions and recessions? (frbsf.org)
  • When World War I ended in 1918, it had many unforeseen economic consequences. (bartleby.com)
  • The farther we get into the ongoing economic recession, the more apparent the consequences of the recession become. (goodtherapy.org)
  • The 'double-dip' recession means it's the second time the UK's been in recession in a relatively short time - the last recession was in 2008/09. (moneysavingexpert.com)
  • Economic outlook 2009: Recession, rates and sterling - what's in store? (thisismoney.co.uk)
  • Here we ask three economic wise men for their outlook on the economy for 2009, focusing on the likely length and depth of recession, on interest rates and on the prospects for sterling. (thisismoney.co.uk)
  • Tuesday last week, the International Monetary Fund (IMF) presented the spring update of its World Economic Outlook. (juliusbaer.com)
  • Indeed, it is key for the outlook how the gradual drawback of containment measures enables economic momentum to normalise. (juliusbaer.com)