Quarters during 1991 until 2000 economic recession. Medical search. Frequent questions

Thankfully, although battered and very bruised, the US economy managed to find its way through the Great Recession thanks largely to a host of policy supports, including some "creative" central banking. (deloitte.com)
5 Between Q4 2010 and Q3 2018-the period immediately after the bout of deleveraging prompted by the Great Recession-nonfinancial businesses in the country have added about US$5 trillion to their overall debt, with nonfinancial companies contributing US$3.5 trillion to this figure. (deloitte.com)
6 At 46.4 percent of GDP in Q3 2018, nonfinancial companies are carrying more debt today by this measure than they were just prior to the Great Recession (figure 1). (deloitte.com)
With borrowing costs tumbling after the Great Recession and the economy reviving since, it's no surprise that nonfinancial corporates have been issuing debt and accessing more loans. (deloitte.com)
Community Bank Lending during the Financial Crisis Total Loans 130 120 110 100 90 80 70 KEY 2012 2011 2010 2009 2008 60 2007 T he total volume of loans held by community banks peaked in 2008 and dropped during the financial crisis and Great Recession. (stlouisfed.org)
During the financial crisis, Great Recession and sluggish economic recovery, business and household loan demand weakened considerably as firms and households cut spending, increased savings and increased balance sheet liquidity. (stlouisfed.org)
Freshest on every economist's and investor's mind is the Great Recession, so it's no surprise that comparisons between today's events and the Great Recession are particularly common. (mystrategicforecast.com)
The Great Recession started in December 2007 and lasted until June 2009. (mystrategicforecast.com)
The Great Recession occurred around the subprime mortgage crisis and the popping of the housing bubble. (mystrategicforecast.com)
Although not as fresh in the minds of market watchers as the Great Recession, many still remember the recession of the early 2000s quite well. (mystrategicforecast.com)
Since 2011, interest rates have been manipulated by central banks, like the Fed, to historically low levels to aid the recovery from the Great Recession. (mcsfa.com)
Ukraine's economy developed quickly from 2000 until the Great Recession hit the world in 2008. (savoteur.com)
Manufacturing in the US has rebounded after the Great Recession, but employment levels have not recovered from their steep decline in the decade before the recession. (cepr.org)
The end of the Great Recession has rekindled optimism about the future of US manufacturing. (cepr.org)
Strikingly, most of this decline came before the onset of the Great Recession. (cepr.org)
What became known as the "Great Recession" of 2007-2009 was the longest and deepest economic crisis in the United States since the Great Depression. (isreview.org)
The same media sources that had reported on system-wide soul-searching during the Great Recession announced that corporate America is hauling in fat profits and celebrating record stock-market booms. (isreview.org)
Yet for years following the end of the Great Recession, polls consistently showed that most people in the United States still thought we were in a recession, or even depression. (isreview.org)
In housing, too, a decade after the Great Recession only a third of those that lost their homes were reported "likely to become homeowners again. (isreview.org)
In doing so, she echoed a narrative that had been promoted among some prominent economists: the Great Recession ("it") was an accident, a random extreme event that no-one saw coming . (neweconomicperspectives.org)

The recession affected the European Union during 2000 and 2001 and the United States from March to November 2001. (wikipedia.org)
According to the National Bureau of Economic Research (NBER), which is the private, nonprofit, nonpartisan organization charged with determining economic recessions, the U.S. economy was in recession from March 2001 to November 2001, a period of eight months at the beginning of President George W. Bush's term of office. (wikipedia.org)
The determination of a peak date in March is thus a determination that the expansion that began in March 1991 ended in March 2001 and a recession began. (wikipedia.org)
However, in 2008, the NBER confirmed that the recession started in March 2001. (wikipedia.org)
In the final three quarters of 2003, the market finally rebounded permanently, agreeing with the unemployment statistics that a recession defined in this way would have lasted from 2001 through 2003. (wikipedia.org)
Blue line extrapolates the trend from the 1991-2000 expansion, green from the 2001-2007 expansion, and red from the 2010-2019 expansion. (econbrowser.com)
The National Bureau of Economic Research made it official this past Nov. 26: The nation's economy was in recession and had been since March 2001. (overdriveonline.com)
As the year ended, data from the Bureau of Economic Analysis showed a 1.1-percent drop in gross domestic product for third-quarter 2001 with further shrinkage expected for fourth-quarter 2001 and the first two quarters of this year. (overdriveonline.com)
The NBER data shows that industrial production actually peaked in October 2000, but other sectors continued growing until March 2001, partly offsetting the job losses in the industrial sector. (overdriveonline.com)
The jobless rate hovered around 4.5 percent for most of 2000 and the first two quarters of 2001. (overdriveonline.com)
Barring a ferocious rally, the major market indexes will drop for a second straight year in 2001 -- a year when corporations saw their worst profit performance in a decade, a record-long economic expansion ended, and terrorists attacked the nation's financial center. (cnn.com)
There were three quarters of negative growth in 2000 and 2001 (Q3 2000, Q1 2001, Q3 2001), but technically this didn't constitute a recession as there weren't two negative quarters of growth in a row. (davemanuel.com)
Most economists will throw the technicalities out of the window and say that we indeed had a recession in late 2000 - 2001, which I would agree with. (davemanuel.com)
After that, the US economy had a basically uninterrupted ten year period of growth which finally started to falter with the popping of the dot-com bubble in 2000 and 9/11 in 2001. (davemanuel.com)
The Jobless Recovery From the 2001 Recession: A Comparison to Earlier Recoveries and Possible Explanations. (congressionalresearch.com)
The National Bureau of Economic Research determined that the tenth recession in the post-World War II era ended in November 2001 based upon its assessment that most of the relevant economic variables had since shown sustained improvement. (congressionalresearch.com)
The labor market indeed rebounded more slowly than usual coming out of the 2001 recession. (congressionalresearch.com)
Selected Labor Market Statistics During the 2001 Recession and Jobless Recovery. (congressionalresearch.com)
It lasted from March to November 2001, although it also affected the European Union in 2000. (mystrategicforecast.com)
The recession followed a very much-below-normal economic expansion (November 2001-December 2007) that was characterized by relatively weak private-sector employment growth of approximately 1 million jobs per year. (blogspot.com)
This was less than one-half of the job-growth gains of the two preceding expansions (1982-1990 and 1991-2001), when average annual private-sector employment grew by 2.4 million jobs per year and 2.2 million jobs per year, respectively. (blogspot.com)
The weak economic expansion sandwiched between two recessions (2001, and 2007-2009) produced a lost employment decade. (blogspot.com)
This widely heralded export boom was the outcome of deep economic reforms that China enacted in the 1980s and 1990s, which were further extended by the country's joining the World Trade Organization in 2001 (Brandt et al. (cepr.org)
China's share in US manufacturing imports has expanded in concert with its global presence, rising from 5% in 1991 to 11% in 2001 before leaping to 23% in 2011. (cepr.org)
2 It is true that the first two quarters of the recovery after the 1957, 1960, 1991, and 2001 recessions also saw continued employment declines. (richmondfed.org)
Yet, two quarters into the recovery, the 2001 and 2008 recessions saw the biggest declines in employment growth when compared to prior recessions, -1.8 percent and -1.35 percent respectively. (richmondfed.org)
More likely is a recession similar to 1990 or 2001 where unemployment spiked higher. (econlib.org)
I calculated that about half of all working-age households lost substantial ground as they aged through the 11 years from 2001 to 2012, and another quarter of Americans treaded water. (ndn.org)

citation needed] After the relatively mild 1990 recession ended in early 1991, the country hit a belated unemployment rate peak of 7.8% in mid-1992. (wikipedia.org)

Some economists in the United States object to characterizing it as a recession since there were no two consecutive quarters of negative growth. (wikipedia.org)
However, payrolls accelerated in 1992 and experienced robust growth through 2000. (wikipedia.org)
Growth in gross domestic product slowed considerably in the third quarter of 2000 to the lowest rate since a contraction in the first quarter of 1992. (wikipedia.org)
The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 2% annual rate in the third quarter, slightly below the average growth rate of 2.25% that we saw during the previous economic expansion. (econbrowser.com)
There is often above-average growth in the first few quarters of expansion (the recovery phase in a "V" shape). (econbrowser.com)
But once the level of GDP is back to its pre-recession value, trend growth becomes the norm. (econbrowser.com)
The drop in the third quarter was considered more severe than the 0.4-percent decrease in growth estimated last fall. (overdriveonline.com)
On the Current Path, population growth and economic growth will contribute to modest increases in emissions. (issafrica.org)
In addition to access to modern contraceptives and basic healthcare, accessibility to and quality of education for girls and women is critical to ensuring that the demographic dividend will bring about economic growth. (issafrica.org)
So if the GDP falls, or is "negative", this means that you have negative economic growth. (davemanuel.com)
Two quarters of negative economic growth in a row and you have a recession. (davemanuel.com)
In a "recession" you will see declines in such things as payroll growth, industrial output and real business growth. (davemanuel.com)
You might believe it to be true, but until you see negative growth in two straight quarters, you won't know for sure. (davemanuel.com)
And by the time you realize that a recession has in fact taken place, the recession is usually over and economic growth has resumed once again. (davemanuel.com)
the economy can't grow every single quarter, and sometimes we will have negative growth. (davemanuel.com)
Economic Growth in Recession and First Seven Quarters After the Recession Ended. (congressionalresearch.com)
The committee also reviews gross domestic product (GDP), but doesn't follow the textbook definition of a recession -- two consecutive quarters of negative GDP growth. (princeton.edu)
Positive GDP growth was recorded for the first quarter of 2010 as the Ukrainian economy showed signs of recovery. (savoteur.com)
The rate of growth in "real" GDP is what is referred to as economic growth. (effectivegovernance.com.au)
To illustrate, since 2000, GDP growth has averaged at just below 3% per annum, but, in the last two years, growth has averaged around 2.5% per annum. (effectivegovernance.com.au)
The fluctuations in GDP and changes in the rate of economic growth define what is called the business cycle, over which the economy typically moves from expansion to peak, to recession to trough, and then in to recovery and expansion again. (effectivegovernance.com.au)
A recession is unofficially and somewhat imperfectly defined as two consecutive quarters of negative economic growth (i.e. (effectivegovernance.com.au)
In the second quarter of 2010 the number of US workers employed in manufacturing registered positive growth - its first increase since 2006 - and subsequently recorded ten consecutive quarters of job gains, the longest expansion since the 1970s. (cepr.org)
China accounts for three-quarters of all growth in manufacturing value added that has occurred in low and middle income economies since 1990. (cepr.org)
Figure 1 shows the cumulative growth rates of output and some of its components during contractions of each postwar recession - the growth of employment and weekly hours per employee in the nonfarm business sector (NBS). (richmondfed.org)
For our purposes, the beginning of a contraction is defined as the first quarter in which the output growth turned negative. (richmondfed.org)
A way to gauge how quickly employment and output recovers after each recession is to look at how many quarters it takes for the growth rate of each measure to turn positive. (richmondfed.org)
For example, one may look at employment growth during the first two quarters of each recovery. (richmondfed.org)
The beginning of a recovery is assumed to be the first quarter when the NBS output growth turned positive. (richmondfed.org)
By that standard, employment growth has not picked up as quickly as it has in other recessions. (richmondfed.org)
That deterioration is traceable to Fed policy since the 1980s, which has been shifting from using interest rates to stabilize the economy (low rates to stimulate economic growth/higher rates to dampen inflation) to a policy of ensuring long term low interest rates as a means for subsidizing banks, businesses and capital incomes in general. (l-hora.org)
The tech bust of 2000 that was followed in more recent years by the U.S. recession and world economic downturn convinced investors to bet on future growth is the herculean task of many investor relations managers. (siliconvalleywatcher.com)
Wall Street is worried that the rate hikes could go too far in slowing economic growth and push the economy into a recession. (1011now.com)
It is the heart of one of the fastest-growing population and economic centers in the U.S., providing a foundation for solid economic growth for years to come. (iebizjournal.com)
We are also expected to forget that cold weather actually increases economic activity in some sectors (by increasing heating costs, for example, which in turn increased real GDP growth by 0.7%) and that one of the strongest growth sectors was (of course) government spending, which accounted for another 0.7% of real GDP growth. (theinternationalforecaster.com)
A useful definition of a soft landing would be a period of at least three years of economic growth with low inflation even after the labor market has full recovered from recession. (econlib.org)
I'm truly hoping the U.S. can do it better this time, maybe at the least achieve a "medium landing" where unemployment spikes at 4-5% for a few quarters as NGDP growth rate is softening. (econlib.org)
it may just be that the UK did not benefit as much from the late 1990s growth leading up to a recession in many other countries, or that the UK was creating a larger pitfall for itself in 2009. (econlib.org)
As a practical matter, all of 1993 - 2000 was remarkable low-inflation growth. (econlib.org)
PIIE's renowned scholars explore and analyze a broad range of economic topics and issues, including globalization, economic and growth prospects, finance, political economy, and trade and investment, as well as economic challenges facing individual regions and countries. (piie.com)
Economic growth was solid but hardly spectacular in the years immediately following the 1993 tax increase. (heritage.org)
Driven by hopes of a soft landing, a resilient labor market, pockets of positive economic and corporate results, and some rather seriously oversold conditions in big name tech and growth stocks the market has rallied smartly off the June lows. (stocktradersalmanac.com)

This recession was a rather mild one, but even though the economy had recovered by early 1991, unemployment didn't start to recover until the second half of 1992. (mystrategicforecast.com)

After falling 6.2 percent in 2000, the Dow Jones industrial average was down 9.4 percent this year through Friday. (cnn.com)
After rising between the 1960s and the 1980s, the average unemployment rate began falling in the 1990s, reaching a low of 4 percent in 2000 and remaining moderate over the past six years ( figure 1 ). (piie.com)

The UK, Canada and Australia avoided the recession, while Russia, a nation that did not experience prosperity during the 1990s, began to recover from it. (wikipedia.org)
citation needed] Japan's 1990s recession continued. (wikipedia.org)
This recession was predicted by economists because the boom of the 1990s, accompanied by both low inflation and low unemployment, slowed in some parts of East Asia during the 1997 Asian financial crisis. (wikipedia.org)
The recession in the early 1990s lasted for eight months from July 1990 to March 1991, and it was triggered by increasing inflation. (mystrategicforecast.com)
The recession in the early 1990s followed the longest economic expansion to occur during peacetime up until that point. (mystrategicforecast.com)
Due to hyperinflation and a drop in economic output, Ukraine's GDP in the 1990s was less than half of what it had been in the prior Ukrainian SSR. (savoteur.com)
The province's independent institutions were abolished in the 1990s, which was followed by weak economic policies, international sanctions, limited access to external commerce and finance, and ethnic violence. (savoteur.com)
The Clinton defense of higher taxes rests largely on a cursory review of the economic history of the 1990s. (heritage.org)
The roots of the slowdown, and more generally the configuration of the us economy today, go back to the mid-1990s, when the main forces shaping the economy of both the boom of 1995?2000 and the slowdown of 2000?03 were unleashed. (isj.org.uk)

Many economists and "talking heads" on TV are forecasting that the United States is about to enter a recession due to a number of factors including the falling housing market. (davemanuel.com)
Dating recessions can be useful for economists doing certain kinds of research and modeling, Bernanke said. (princeton.edu)
Despite the widespread turmoil and suffering caused by the financial meltdown and the recession that followed, mainstream economists were largely caught flatfooted as to its causes. (isreview.org)

The traditional definition of a recession is two consecutive quarters of GDP decline. (stocktradersalmanac.com)

I remember it well, because I pulled together Bill Clinton's economic program for the 1992 campaign. (ndn.org)

While profits at the nation's largest companies are expected to fall 15.9 percent this year, according to research firm First Call -- their worst performance since 1991 - next year's projections call for a rebound. (cnn.com)
Recessions have been happening in the U.S. since the nation's very earliest days, although the dates and even existence of early recessions have been debated because economic statistics were not kept until much later. (mystrategicforecast.com)
The dotcom bubble burst when the NASDAQ crashed in March 2000, and then the nation's GDP slowed significantly by the third quarter of that year. (mystrategicforecast.com)
A private nonprofit organization founded in 1920 to support nonpartisan economic research, the NBER has long been the nation's best recognized authority on business cycles. (princeton.edu)
7 That means that half of the nation's poorest families experienced unemployment or underemployment during the recession. (isreview.org)

The Fed basically triggered the 1980 recession by aggressively hiking interest rates in response to the runaway inflation that occurred during the 1970s. (mystrategicforecast.com)
In these publications, you will find references to economic indicators such as GDP, the unemployment rate, and CPI inflation. (effectivegovernance.com.au)
Before the publication of inflation forecasts began in 2000, forecasts were prepared for the Joint Economic Forecasting Group (JEFG), held in March, June, September and December. (rba.gov.au)
In mid-summer 2000, the us stock market began a sharp descent and the underlying economy rapidly lost steam, falling into recession by early 2001.2 Every previous cyclical downturn of the post-war period had been detonated by a tightening of credit on the part of the Federal Reserve, to contain inflation and economic overheating by reducing consumer demand and, in turn, expenditure on investment. (isj.org.uk)
As of 2009, the average state beer tax had declined by approximately 70% in "real dollar" (ie, inflation-adjusted) terms since 1970, and the inflation-adjusted federal beer tax had declined by approximately 40% since its last increase in 1991 (12). (cdc.gov)

The early 2000s recession was a decline in economic activity which mainly occurred in developed countries. (wikipedia.org)
A key indicator is employment, NBER says, with a recession displaying a "substantial decline in output and employment. (overdriveonline.com)
If you think about it, we began the decline in trucking in June 2000, so we are already on six quarters of a decline. (overdriveonline.com)
Sure, you might think that the country is going through a recession due to your personal circumstances, but the very definition of the word "recession" is a decline in a country's GDP for two straight quarters. (davemanuel.com)
The second largest decline in the post-war period was a 0.6% decline that lasted 11 months into the recovery from the 1990-1991 recession. (congressionalresearch.com)
Decline in Employment in the Non-Farm Private Sector During the Post-War Recessions and Recoveries. (congressionalresearch.com)
An opportunity to buy high yield bonds came when the pandemic caused a vicious economic decline. (mcsfa.com)
The decline in weekly hours worked per employee in the 2008 recession (-2.0 percent) ranks third behind the downturns of 1969 (-3.0 percent) and 1973 (-2.1 percent). (richmondfed.org)
Adding the decline in weekly hours worked to the decline in employment puts the aggregate figure for the decline in this component of output during the 2008 recession at almost 9 percent. (richmondfed.org)
Ford fell 12.3% for the biggest decline in the S&P 500 after slashing its third-quarter earnings forecast because a parts shortage will leave it with as many as 45,000 vehicles unfinished on its lots when the quarter ends Sept. 30. (1011now.com)
First, with the exception of the early 1980s, there has been a decline in the official length of recessions. (piie.com)
Second, there has also been a decline in the magnitude of job losses occurring during economic slowdowns. (piie.com)

This caused an uncertain economic climate during the first few months of 1998. (wikipedia.org)
From 1998 through 2000, the GDP had grown at a rate of about 4 percent per year. (overdriveonline.com)

The Oxford Economics study incorporated nearly a year's worth of research, concluding that the overall impact of economic activity at ONT - from airport operations, airlines and their suppliers, government workers, airport concessions and logistics companies - totals $3.8 billion as of 2022. (iebizjournal.com)

The worldwide economic downturn of 2008 put an end to this expansion. (savoteur.com)
Central bank interest rate policy is now essentially 'dead in the water', in other words, locked into a ceiling at 2.375%, which makes it now a useless tool to address the next economic downturn around the corner. (l-hora.org)
Pushing through the worst economic downturn in recent history, Intel exited 2009 with record gross margins, and higher net income and earnings per share over 2008. (siliconvalleywatcher.com)

The real economic boom occurred in the latter half of the decade, after the 1997 tax cut. (heritage.org)
The real economic boom came later in the decade, just when the economy should have slowed as it made the transition from a period of recovery to normal expansion. (heritage.org)
With this reserve, it was able to withstand an economic slowdown and problems in the domestic railway industry that occurred later that decade. (encyclopedia.com)
Their counterparts a decade earlier - households headed by high school graduates ages 35-to-39 in 1991 - saw their real median incomes rise from $51,645 in 1991 to $63,614 in 2000, for gains of nearly $12,000 (about 20 percent) as they aged from their later-thirties to their later-forties. (ndn.org)
The recession brought an end to the decade-long expansion that began in 1991 and, in particular, the five-year economic acceleration that began in 1995. (isj.org.uk)
It was manifested too in the series of increasingly deep and pervasive crises that struck the world economy in the last decade of the century?Europe?s erm collapse in 1993, the Mexican shocks of 1994?95, the East Asian emergency of 1997?98, and the crash and recession of 2000?01. (isj.org.uk)

In January 1993, the economy was entering its eighth quarter of expansion after the 1990-1991 recession. (heritage.org)

As we announced on January 28 , the COVID recession ended in the second quarter of 2020. (econbrowser.com)
Australia had no official recessions between 1991 and 2020. (econlib.org)

In early 2004, NBER President Martin Feldstein said: It is clear that the revised data have made our original March date for the start of the recession much too late. (wikipedia.org)
The research group says its data shows the expansion that began in March 1991 lasted exactly 10 years, and was the longest expansion since NBER began tracking the economy. (overdriveonline.com)
Predicting U.S. Recessions: Financial Variables as Leading Indicators ," NBER Working Papers 5379, National Bureau of Economic Research, Inc. (repec.org)
Twenty-two Years of the NBER-ASA Quarterly Economic Outlook Surveys: Aspects and Comparisons of Forecasting Performance ," NBER Working Papers 3965, National Bureau of Economic Research, Inc. (repec.org)
NBER Working Papers 10672, National Bureau of Economic Research, Inc. (repec.org)
Bernanke, chair of the Princeton economics department, is the rookie member of the business cycle dating committee of the National Bureau of Economic Research (NBER), a six-member group that decides when the U.S. economy has entered or exited from a recession. (princeton.edu)
Recession-dating traces its roots to NBER founder Wesley Mitchell, who did classic work on the business cycle alone and in collaboration with Arthur Burns (later the chair of the Federal Reserve Board under President Nixon). (princeton.edu)
Besides its work in business cycles, the NBER has branched out to study a wide range of economic issues and has hundreds of leading academics as research associates. (princeton.edu)

Third, employment declines have continued for at least one year after the end of the last two recessions and employment recovery has taken longer. (piie.com)

The burst of the stock market bubble occurred in the form of the NASDAQ crash in March 2000. (wikipedia.org)
Using the stock market as an unofficial benchmark, a recession would have begun in March 2000 when the NASDAQ crashed following the collapse of the dot-com bubble. (wikipedia.org)
August is the worst DJIA, S&P 500, Russell 1000, and Russell 2000 since 1988 and second worst month for NASDAQ. (stocktradersalmanac.com)

A peak marks the end of an expansion and the beginning of a recession. (wikipedia.org)
and the 8% peak rate just before the 1991 recession. (l-hora.org)

This Economic Brief seeks to shed some light on this important issue by taking a look at a few conventional measures of employment and output declines during recessions dating back to 1948. (richmondfed.org)
As you can see, the drop in output during the 2008 contraction - which started in the first quarter of the 2008 - was comparable to the declines in the 1957 and 1973 contractions. (richmondfed.org)

Its GDP collapsed after the fall of the Soviet Union but has since grown by double digits largely to the democratic and economic reforms instituted in the wake of the peaceful Rose Revolution in the mid-2000s. (savoteur.com)

However conditions improved, and the Federal Reserve raised interest rates six times between June 1999 and May 2000 in an effort to cool the economy to achieve a soft landing. (wikipedia.org)
An additional factor that has aided the surge in debt this time around, however-in contrast to previous economic recoveries-is the slew of unorthodox (but successful) monetary policies that the Federal Reserve (Fed) adopted to pull the economy out of the last recession. (deloitte.com)
The number posted today (0.3%) is an assessment of the situation of the economy in the previous quarter (namely 2021:Q2). (econbrowser.com)
Zimbabwe's economy has suffered a series of intense and prolonged economic crises that have been among the worst in Africa's recent history. (issafrica.org)
Although this recession is technically considered to have ended in July 1980, by the last quarter of the year, many doubted that the economy was actually recovering rather than only seeing temporary relief. (mystrategicforecast.com)
If the economy slides into recession, Professor Ben Bernanke will be among the first to know. (princeton.edu)
The economy is slow, he believes, but not bad enough to be considered in recession. (princeton.edu)
The group last met formally in April 1991, when it announced that the economy had entered a recession the previous July. (princeton.edu)
He added that historians and others also consider recessions a convenient way to divide and mark history -- they separate good times from bad and help show the progress of the economy. (princeton.edu)
Ukraine's economy went into a recession in October 2013. (savoteur.com)
The World Bank said in April 2017 that the Ukrainian economy had grown by 2.3% in 2016, thus ending a recession. (savoteur.com)
Since declaring independence in 2008, Kosovo's economy has increased annually, suffering somewhat from the worldwide recession. (savoteur.com)
So any board director should understand the current state of the economy and the economic outlook. (effectivegovernance.com.au)
The Australian economy grew 3.0% over the four quarters ending in the December quarter of 2015, in seasonally adjusted terms (Figure 1). (effectivegovernance.com.au)
For those who believe the business press and government alternative 'spin' that the US economy is doing great, and recession is not just around the corner, consider that US retail sales have fallen sharply in recent months. (l-hora.org)
Ontario International Airport plays an integral role in the economy of the Southern California region, specifically in and around the Inland Empire," the report stated, adding that ONT's economic impact includes $2.2 billion in regional gross domestic product (GDP), which supports 27,800 jobs and results in $571 million a year in local, state and federal taxes. (iebizjournal.com)
A new analysis, released today by the UC Riverside School of Business Center for Economic Forecasting and Development , finds that the creative economy has experienced particularly alarming job and revenue losses as a result of shelter-in-place mandates, but the level of public sector relief directed at these businesses falls far short of other sectors. (iebizjournal.com)
The minimal level of financial support stands in direct contrast to the value-added contributions these businesses and organizations make to the broader national and state economy," said Adam Fowler , Director of Research at the Center for Economic Forecasting and one of the report authors. (iebizjournal.com)
We could talk on about other oft-cited indicators and their manipulation: PMIs, CPI, M1, GNP and a host of other acronym-laden economic numbers that are alternatively paraded before the public or swept under the rug depending on what story the latest figures tell about the state of the economy. (theinternationalforecaster.com)
But if this latest payrolls report is not nearly so meaningful as the economic lamestream media is suggesting, how can we get the pulse of the economy? (theinternationalforecaster.com)
The San Francisco Fed is dedicated to building an economy that works for everyone and helping ensure all Americans-regardless of gender, race or ethnicity, geography, ability, or socio-economic status-have the opportunity to fully realize their potential. (lottalaut.de)

This is particularly puzzling because, for at least the past two decades, researchers have provided much evidence that the yield curve, specifically the spread between long- and short-term interest rates, does contain useful information at that forecast horizon for predicting aggregate economic activity and, especially, for signaling future recessions. (repec.org)
When they get together, the group does not work to forecast a recession, but to review economic data to determine if one already has begun. (princeton.edu)
Just two months later, trust in Intel's ability to forecast revenue suffered a setback when the company lowered third-quarter revenue projections to be $11 billion, plus or minus $200 million, compared to the previous expectation of between $11.2 and $12 billion. (siliconvalleywatcher.com)

The NBER's Business Cycle Dating Committee (BCDC) uses monthly, rather than quarterly, indicators to determine peaks and troughs in business activity, as can be seen by noting that starting and ending dates are given by month and year, not quarters. (wikipedia.org)
Shaded regions represent the NBER's dates for recessions, which dates were not used in any way in constructing the index. (econbrowser.com)

However, economic conditions did not satisfy the common shorthand definition of recession, which is "a fall of a country's real gross domestic product in two or more successive quarters", and has led to some confusion about the procedure for determining the starting and ending dates of a recession. (wikipedia.org)
As we've outlined a number of times in these pages, leaked documents show that the current Premier of China, Li Keqiang, admitted privately back in 2007 that the country's GDP figures were "manmade" and not to be used for economic calculations. (theinternationalforecaster.com)

The Unemployment Rate Following Recessions. (congressionalresearch.com)
By Q3 1996 unemployment rate had returned to the pre-recession low of 5.3%, which was itself a 16 year low. (econlib.org)

Though it originated in the United States, the crisis became global, and many countries faced even deeper recessions or depressions. (isreview.org)

A recession eventually resulted from a combination of the oil price shock in 1990, the debt accumulation that went on during the 1980s, and pessimism among consumers. (mystrategicforecast.com)
The early 1980s brought two distinct recessions, with the first lasting for six months in 1980 and the second lasting more than a year from July 1981 until November 1982. (mystrategicforecast.com)
Figure 1 shows that in 2000, 17.3 million US workers were employed in manufacturing, a level that with periodic ups and downs had changed only modestly since the early 1980s. (cepr.org)

The need for this variety of data means the announcement of a recession often comes six months or more after it has already begun. (princeton.edu)
In early 2002 Alan Greenspan declared that the American recession which had begun a year earlier was at an end. (isj.org.uk)

By Q2, the level of GDP had recovered to the value reached in 2019:Q4 before the COVID recession began. (econbrowser.com)

What is the outlook for 2000? (auroraadvisors.com)
Then, a solid third quarter with record results and a positive outlook ahead. (siliconvalleywatcher.com)

These figures are based on monthly economic indicators, unlike BEA's GDP reports, which are based on quarterly data. (overdriveonline.com)
Predicting U.S. Recessions: Financial Variables As Leading Indicators ," The Review of Economics and Statistics , MIT Press, vol. 80(1), pages 45-61, February. (repec.org)
Predicting U.S. recessions: financial variables as leading indicators ," Research Paper 9609, Federal Reserve Bank of New York. (repec.org)
Committee members consider a variety of economic indicators, including the industrial production index, housing starts, inventories, and employment indicators such as overtime and hours worked. (princeton.edu)
What economic indicators should board directors monitor? (effectivegovernance.com.au)
And, ideally, directors should understand any relevant "leading" indicators providing advanced warning of future changes in economic conditions, such as building approvals in the construction industry. (effectivegovernance.com.au)
Board directors should be acquainted with what these fundamental economic indicators mean and how to interpret them. (effectivegovernance.com.au)
Anyway, that was long-winded way of introducing a few graphs I made today using data from the IMF World Economic Indicators database , which is becoming more user friendly by the year. (billmitchell.org)

But the political manifestation is virtually the same - tens of millions of Americans justifiably dissatisfied with their economic conditions and prospects. (ndn.org)

The dollar value of US corporate debt is on the rise-but are companies borrowing too much, or is it just a sign of economic expansion? (deloitte.com)
1 Now, with the current economic recovery extending to nearly 11 years-the second-longest expansion on record 2 -it's natural for nervous observers to be alert for signals that might presage the next recession. (deloitte.com)
The new data put the Econbrowser recession indicator index at 0.3%, historically a very low value and signalling an unambiguous continuation of the economic expansion. (econbrowser.com)
This recession followed what was the longest economic expansion in U.S. history until that time. (mystrategicforecast.com)
The current economic expansion is now the longest at more than 10 years. (mystrategicforecast.com)
Although the National Bureau of Economic Research considers these two recessions to be separate and distinct with a brief period of expansion between them, unemployment never really recovered between them, remaining relatively high during the economic expansion. (mystrategicforecast.com)
The first sign of economic expansion occurred in the year 2000 and persisted for the next eight years. (savoteur.com)

The market rebounded, only to crash once more in the final two quarters of 2002. (wikipedia.org)

In the middle of 2007, on the eve of the Lehman Brothers collapse that paralysed global financial markets, US manufacturing employment had already dipped to 13.9 million workers, such that three-fifths of the job losses over the 2000 to 2010 period occurred prior to the US aggregate contraction. (cepr.org)
that is, severe enough to trigger a material contraction of real economic activity. (europa.eu)

What continued to repress private-sector profitability and prevent any durable economic boom was the perpetuation of a long-term international?that is, systemic?problem of over-capacity in the manufacturing sector. (isj.org.uk)

Clients had strong steady returns and avoided the disastrous losses stock investors suffered from 2000 to 2010. (mcsfa.com)

A look at what happened in previous economic cycles offers clues for how to interpret company borrowing behaviour. (deloitte.com)

Martin Hutchinson is the author of "Great Conservatives" (Academica Press, 2005) -- details can be found on the Web site www.greatconservatives.comT he rapid rebound in the world's stock markets following the Fed's cut in its discount rate demonstrated again the central feature of the current market: investors have far too much confidence that all will turn out well, without major economic calamities or even market downturns. (kontentkonsult.com)
The unemployment insurance (UI) system is the foundation of the US government's response to the hardships associated with economic downturns and related job loss. (piie.com)

That rate reached 10 percent in the fourth quarter of 2009, almost as high as the postwar high of 10.7 percent registered in the fourth quarter of 1982. (richmondfed.org)
When to Sell (1977), How to Buy (1982), and The Nature of Risk (1991) and two must read newsletters. (stocktradersalmanac.com)

GDP-based recession indicator index. (econbrowser.com)
This means that GDP is not a very timely economic indicator, although it is the most comprehensive. (effectivegovernance.com.au)

Add the rest of this year and at least another two quarters next year and it will be almost two years of softness" in the freight market. (overdriveonline.com)

BCDC members suggested they would be open to revisiting the dates of the recession as newer and more definitive data became available. (wikipedia.org)
We use the one-quarter lag to allow for data revisions and to gain better precision. (econbrowser.com)
But the expectation that we'll recover to the previous trend once a recession is over doesn't have much support in the data. (econbrowser.com)
The data are released just over two months after the quarter has ended. (effectivegovernance.com.au)
For example, June quarter GDP data, which cover the months of April to June, are released in early September. (effectivegovernance.com.au)
By seasonally adjusted, we mean that the Australian Bureau of Statistics (ABS) has applied a statistical procedure to adjust the original data for seasonal patterns such as the spike in consumer spending that occurs in the Christmas period, or the lower level of activity that typically occurs in the March quarter (January to March) due to people taking holidays in January. (effectivegovernance.com.au)
We also inform the public through our data and economic analysis, publications, presentations and educational resources. (richmondfed.org)
for the current quarter (which incorporates some real-time data) and the cash rate announced at the previous month's Board meeting ( r m − 1 ). (rba.gov.au)
Interestingly, Keqiang suggested that he himself used three alternate data points to gauge his province's real economic condition: electricity consumption, rail cargo volume and bank lending. (theinternationalforecaster.com)
Surprisingly, there is no evidence that the United States has ever achieved a soft landing, at least as far back as we have economic data. (econlib.org)

In itself, the rise in corporate debt since 2010 is not surprising or even necessarily worrisome, given that businesses aim to expand operations as demand picks up during an economic recovery. (deloitte.com)
Employment declined by 1.2% after the recession ended, declining for the first 21 months of the recovery. (congressionalresearch.com)
We need to shift away from the attitude that the creative sectors are discretionary and not necessary - they play a critical but underappreciated role in our overall economic health and prosperity and will be essential in driving economic recovery at the local, regional, and national level. (iebizjournal.com)
The analysis points to California and New York, which have both established economic recovery teams that have drawn members from industry, labor, academia, and government, but have failed to include advisors from either state's world-class arts or cultural institutions. (iebizjournal.com)

You only find out about these numbers months after the fact when they are released by the government, so again, a person can't really say with 100% certainty "we are in a recession right now. (davemanuel.com)
In theory, we won't know if we are currently in a recession until months down the line. (davemanuel.com)
Typically, employment rebounds within three months after a recession has ended. (congressionalresearch.com)
recessions since 1945 have averaged 11 months). (princeton.edu)
These are end-quarter months prior to 2000 and mid-quarter months after 2000. (rba.gov.au)

While other economic sectors were exuberantly setting new deal-making records in 1999, the bank and thrift sector languished. (auroraadvisors.com)
The report authors make a number of recommendations for increasing support of the creative sectors, including reinvigorating federal legislation such as the CREATE Act, which would steer economic development tools and resources towards creative businesses and organizations. (iebizjournal.com)

I expected this to be a painful (and longer) recession, but the Fed (by driving the Fed Funds rate to near 0%) and Congress (approving $5 trillion in stimulus) came to the 'rescue' in record time. (mcsfa.com)
However, looking simply at the rate itself may not be the best way to compare recessions. (richmondfed.org)
The Fed's benchmark rate, called the Fed Funds rate, is thus frozen at 2.375% for the foreseeable future-i.e. leaving the central bank virtually no room to lower rates in the event of the next recession, which is now just around the corner. (l-hora.org)
The central bank is widely expected to announce a hefty three-quarters of a point interest rate increase, its third such hike in a row. (1011now.com)
The Fed is expected to raise its key short-term rate by a substantial three-quarters of a point for the third time at its meeting on Wednesday. (1011now.com)

At four of these meetings - February, May, August and November - economic forecasts are considered and then published a few days later in the Statement of Monetary Policy ( SMP ). (rba.gov.au)
Some economic units, e.g. (non-financial) businesses, are unable to pay their debts with their available monetary assets (cash and bank accounts). (neweconomicperspectives.org)

The recession in the early 2000s was triggered by the popping of the dotcom bubble. (mystrategicforecast.com)

The Great 2007-2009 recession is the worst employment setback in the United States since the Great Depression. (blogspot.com)

Indeed, since Q1 2011 (and until Q3 2018), debt outstanding among nonfinancial companies grew by an average of 5.6 percent per quarter year over year. (deloitte.com)
In July, Intel surprised Wall Street when it reported the best quarter in its 42-year history, predicting the demand for leading-edge technology would continue for the foreseeable future. (siliconvalleywatcher.com)
The local air transportation industry has faced several significant challenges over a recent 20-year period (1990-2010) including the interplay of rising fuel costs, the 9/11 attacks, and fewer passengers due to three economic recessions. (bls.gov)
However, large over-the-year employment decreases were experienced in 1991 (31.0 percent) and 2007 (27.4 percent). (bls.gov)
Ontario International Airport (ONT) is an economic engine for Southern California, generating $3.8 billion a year in activity, supporting 27,800 jobs and serving as the hub of a global logistics network that produces $17.8 billion in economic output, a new study shows. (iebizjournal.com)

Click here for part four on recession signals. (mystrategicforecast.com)

Of course, today's economic problems are different from those of a quarter-century ago. (ndn.org)

She also notes that when so many people are spending more money than they earn, as they are now, if they stop doing that or start saving, the change could precipitate a recession and hurt banks a good deal. (auroraadvisors.com)

By 2010, employment had dropped to 11.5 million workers, a 33% decrease from 2000. (cepr.org)

The recession in industrialized countries was not as significant as either of the two previous worldwide recessions. (wikipedia.org)
Calculated as 400 times the difference in the natural log of GDP from the previous quarter. (econbrowser.com)
To put the discussion about the recent recession in perspective, it is important to compare it with previous episodes. (richmondfed.org)

Diseases1

Anthropology, Education, Sociology and Social Phenomena2

Health Care2

Great Recession20

200128

1990 recession1

Growth42

Early 19911

Percent in 20002

1990s9

Economists3

Definition of a recession1

19921

Nation's5

Inflation5

Decline12

19982

20221

Downturn3

Decade6

19931

20202

NBER8

Employment declines1

NASDAQ3

Peak2

Declines2

Largely1

Economy21

Forecast3

NBER's2

Country's2

Unemployment rate2

Depressions1

1980s3

Begun2

20191

Outlook2

Indicators8

Prospects1

Expansion7

20021

Contraction2

Boom1

Losses1

Borrowing behaviour1

Downturns2

19822

Indicator2

Years1

Data10

Recovery4

Months5

Sectors2

Rate5

Monetary2

Bubble1

Setback1

Year5

Signals1

Today's1

Start1

Decrease1

Previous3