About a general slowdown in economic activity Economics sidebar In economics, a recession is a business ... dictionary recession title Recession accessdate 19 November 2008 publisher Merriam Webster ...?refid 1861699686 title Recession definition accessdate 19 November 2008 work Encarta ... rules of thumb for defining a recession, one of which was two down quarters of GDP . ref Cite news title ... for dating US recessions. The NBER defines an economic recession as a significant decline in the economic ... defer to the determination by the NBER for the precise dating of a recession s onset and end. Attributes Expand section date March 2009 A recession has many attributes that can occur simultaneously ... Lessons from Japan s Great Recession publisher John Wiley & Sons Asia Pte. Ltd. isbn 978 0470 82494 8 ref When these relationships become imbalanced, recession can develop within the country or create pressure for recession in another country. Policy responses are often designed to drive the economy ... recession is referred to as an Depression economics economic depression , although some argue that their causes ... between a recession and a depression What is the difference between a recession and a depression ... recession shapes , such as V shaped recession V shaped , U shaped recession U shaped , L shaped recession L shaped and W shaped recession W shaped recessions. Type of recession or shape Main Recession ... in 1954 and 1990 91 U shaped prolonged slump in 1974 75, and W shaped , or double dip recession s in 1949 and 1980 82. Japan s 1993 94 recession was U shaped and its 8 out of 9 quarters of contraction ..., bringing about or worsening a recession. ref cite web author url http www.washingtonpost.com wp dyn ... sheet recession The bursting of a real estate or financial asset price bubble can cause a recession. For example, economist Richard Koo wrote that Japan s Great Recession that began in 1990 was a balance sheet recession. It was triggered by a collapse in land and stock prices, which caused Japanese ... more details
about the album a general slowdown in economic activity Recession otheruses Recession disambiguation Infobox album Name The Recession Type studio Artist Young Jeezy Cover Young Jeezy The Recession.jpg Released September 2, 2008 small United States U.S. small Recorded 2008 Genre Southern hip hop Length Label Island Def Jam Music Group Def Jam , Corporate Thugz Entertainment Reviews AllHipHop Rating 7.5 10 http allhiphop.com stories reviews archive 2008 09 03 20469451.aspx link Allmusic Rating 3 5 ... http www.pitchforkmedia.com article record review 145120 young jeezy the recession link PopMatters Rating 8 10 http www.popmatters.com pm review 63225 young jeezy the recession link Robert Christgau rating ... http www.rollingstone.com reviews album 22669027 review 22682247 the recession link Tiny Mix Tapes Rating ... The Inspiration br 2006 This album The Recession br 2008 Next album TM 103 br 2011 Singles Name The Recession ... song Who Dat single 5 date January 6, 2009 The Recession is the third major studio album by rapper ... dp B001AGNRYY title The Recession publisher Amazon.com accessdate 2008 07 14 ref History The first ... 2008 06 25 young jeezy gearing up for the recession title Young Jeezy Gearing Up for The Recession ... Jeezy To Release The Recession July 29 Bot generated title ref On October 25, 2008, Young Jeezy released ... Chart Topper publisher Billboard.com date accessdate 2011 02 26 ref Since its release, The Recession ... Track listing tracklist extra column Producer s title1 The Recession note1 Intro extra1 small DJ ... extra21 small Midnight Black length21 3 33 Additional credits class wikitable Title Notes 1 The Recession ... http www.youtube.com watch?v GHCSKamBNHE The Recession Trailer 1 http www.youtube.com watch?v xcdfjI4FI9w The Recession Trailer 2 start box succession box before All Hope Is Gone by Slipknot band ... Jeezy DEFAULTSORT Recession, The Category 2008 albums Category Young Jeezy albums Category Albums produced ... fr The Recession it The Recession pl The Recession pt The Recession ru The Recession ... more details
Wiktionary recession A recession is a general slowdown in economic activity over a sustained period of time. Recession may also refer to Beach evolution Beach recession , a loss in sand and beach dimensions that results from coastal erosion. Ceremonial recession, the return journey of a group involved in a ceremonial procession . Receding gums Gum recession , a loss of gum tissue resulting in the roots of teeth becoming exposed. Recession of a satellite moving to a higher orbit, as in the case of tidal acceleration . Spring break Spring recession , also called Spring Break by students, a week in March when a University will refrain from holding classes. The Recession , a hip hop album by Young Jeezy. See also intitle recession . disambiguation ... more details
File 1953 recession in US.jpg GDP growth from 1951 to 1955. br Legend2 4682B4 Percent Change From Preceding Period in Real Gross Domestic Product annualized seasonally adjusted border 1px solid aaa Legend2 800000 Average GDP growth 1947 2009 border 1px solid aaa right thumb 300px In the United States the Recession of 1953 began in the second quarter of 1953 and lasted until the first quarter of 1954. The total recession cost roughly 56 billion. Preceding the Recession The recession from 1953 to 1954 occurred because of a combination of events during the earliest parts of the 1950s. In 1951 , there was a post Korean War inflationary period and later in the year more funds were transferred into national security . Further inflation was expected into 1952 and the Federal Reserve set in motion restrictive monetary policy . Causes The expected inflation never happened, but the policy was still implemented. During this time, the Treasury also lengthened the maturity of the national debt and pursued flexible interest rate policies. Alongside these policies, the Treasury also began to do debt refunding which only increased interest rates further and subsequently issued a low percentage bond .... This worked, but interest rates plummeted sending the US into a demand driven recession .... Type of recession The recession of 1953 was demand driven because the dramatic changes of interest ... Reserve led to an increase in consumer expectation of an inevitable recession which led to an even further drop in aggregate demand and an increase in savings. Thus, the recession of 1953 ... means that the 1953 recession is an exampled of a V shaped recession . See also List of recessions ... view 00221082 di991877 99p1038t 0 Monetary Policy and the Recession of 1953 54 http en.wikipedia.org w index.php?title Recession of 1953&action edit Category Recessions Recession of 1953 Category 1953 in the United States Category 1954 in the United States Category 1953 in economics Recession ... more details
Orphan date February 2009 The term Growth Recession indicates economic growth so low that it creates net unemployment. The term was created by Dr. Solomon Fabricant New York University, National Bureau of Economic Research ref http www.hoisingtonmgt.com HIM2007Q3NP.pdf , Van R. Hoisington, Lacy H. Hunt, Ph.D., Hoisington Quarterly Review and Outlook Third Quarter 2007, Growth Recession ref and is recognized and cited more recently by business economist s. Note that the term also has slightly different secondary meanings including a more general one that growth is below potential. However, the more specific meaning indicates the growth is weak and insufficient to provide jobs for those entering the labor market see the Hoisington and Hunt reference . There may also be a third meaning referring to growth in which more jobs are actually being destroyed than created. In all cases the term indicates, Real GDP is expanding slowly but with job contraction, so the economy behaves or feels in many ways like a recession . A former Group Managing Director at Global Insight who is now at the Bureau of Economic Analysis uses the phrase in this quote Quote My feeling at the time 2002 2003 was we had a recession followed by a growth recession till 03. That s what I showed on those Global Insight recession growth recession charts. Mike Nemeira Chief Economist, International Council of Shopping Centers a better expert than I am, and I debated this. He thought there was an argument for a quick full recovery then a lapse into a growth recession. There is no agreed standard for growth recession. But I would say while it looked stronger for a couple quarters, it wasn t real strong. soft landing ... is so soft it has crossed over into a Growth Recession. Both Soft Landings in the mid 1980s and 1990s ... recessions, however not all growth recessions are jobless recoveries because a growth recession can ... after a recession ends. References reflist Category Recessions Category Financial terminology Category ... more details
Recession shapes are used by economists to describe different types of recession s. There is no specific academic theory or classification system for recession shapes rather the terminology is used as an informal ... www.thebigmoney.com articles explainer 2009 01 12 recession was brought you letters u v and l title This Recession Was Brought to You by the Letters U, V and L author Martha C. White date January 12 ... . V shaped recession File 1953 recession in US.jpg The Recession of 1953 in the United States is a classic ... border 1px solid aaa br Source Bureau of Economic Analysis right thumb 300px In a V shaped recession ... by a strong recovery. V shapes are the normal shape for recession There is a strong historical ... recession. Thus, recessions and their recoveries have a tendency to trace out a V shape. ref name ... recession is the Recession of 1953 in the United States. In the early 1950s the economy in the United ..., tipping the economy into recession. In 1953 growth began to slow, in the third quarter, the economy ... was growing at an 8 percent pace, well above the trend. Thus GDP growth for this recession forms a classic v shape. U shaped recession File 1973 75 recession.jpg The Recession of 1973 75 in the United States could be considered a U shaped recession ref name TBM . br Legend2 4682B4 Percent Change ... Analysis left thumb 300px A U shaped recession is longer than a V shaped recession, and has a less ... , says a U shaped recession is like a bathtub You go in. You stay in. The sides are slippery. You ... ref The 1973 75 recession can be considered a U shaped recession. In early 1973 the economy began to shrink ... the bottom, the economy climbed back to recovery in 1975. ref name TBM W shaped recession File Early 80s recession.jpg The Early 1980s recession in the United States is sometimes given as an example of a W shaped recession. br Legend2 4682B4 Percent Change From Preceding Period in Real Gross Domestic ... 2009 border 1px solid aaa br Source Bureau of Economic Analysis right thumb 300px A W shaped recession ... more details
The Recession of 1949 was a downturn in the United States lasting for 11 months. According to the National Bureau of Economic Research , the recession began in November 1948 and lasted until October 1949. ref name NBER cite web accessdate 2008 10 01 url http www.nber.org cycles.html title NBER Business Cycle Expansions and Contractions publisher NBER Dead link date October 2010 bot H3llBot ref The 1948 recession was a brief economic downturn forecasters of the time expected much worse, perhaps influenced by the poor economy in their recent lifetime. ref name Zarnowitz cite book title Business Cycles Theory, History, Indicators, and Forecasting author Victor Zarnowitz Zarnowitz, Victor publisher University of Chicago Press location Chicago year 1996 isbn 0226978915 page 416 ref The recession began shortly after Harry Truman President Truman s Fair Deal economic reforms. The recession also followed a period of monetary tightening by the Federal Reserve . ref name Labonte cite web accessdate 2008 03 05 url http www.fpc.state.gov documents organization 7962.pdf title The Current Economic Recession publisher Congressional Research Service date 2002 01 10 author Labonte, Marc ref During this recession, the Gross Domestic Product of the United States fell 1.7 percent. In October 1949, the unemployment rate reached its peak for the cycle of 7.9 percent. ref http www.bls.gov cps Labor Force Statistics from the Current Population Survey , Bureau of Labor Statistics . Retrieved on September 19, 2009 ref References Reflist Category Recessions Category 1949 in economics Category 1948 in economics Category 1948 in the United States Category 1949 in the United States ... more details
A global recession is a period of global economic slowdown. The International Monetary Fund IMF takes many factors into account when defining a global recession, but it states that global economic growth of 3 percent or less is equivalent to a global recession . ref name economist 12381879 cite news url http www.economist.com finance displaystory.cfm?story id 12381879 title The world economy Bad, or worse publisher Economist.com date 2008 10 09 accessdate 2009 04 15 ref ref Lall, Subir. IMF Predicts Slower World Growth Amid Serious Market Crisis, International Monetary Fund, April 9, 2008. http www.imf.org external pubs ft survey so 2008 RES040908A.htm ref By this measure, four periods since 1985 qualify 1990 1993, 1998, 2001 2002 and 2008 2009. ref name b1 ref name IMF0901 http www.imf.org external pubs ft weo 2009 update 01 index.htm IMF Jan 2009 update ref Overview Informally, a national recession is a period of declining productivity. In a 1974 New York Times article, Julius Shiskin suggested several rules of thumb to identify a recession, which included two successive quarterly declines ... first Lakshman url http money.cnn.com 2008 05 05 news economy recession index.htm title The risk of redefining recession, Lakshman Achuthan and Anirvan Banerji, Economic Cycle Research Institute, May ... is now a commonly held definition of a recession. In the United States, the National Bureau of Economic Research NBER is regarded as the authority which identifies a recession and which takes into account ... other than USA, the two quarter rule is also used for identifying a recession. ref http www.bloomberg.com ... Recession By Jason Clenfield ref Whereas a national recession is identified by two quarters of decline, defining a global recession is more difficult, because developing nations are expected to have a higher ... apps news?pid 20601087&sid arlKrFbn3pfY&refer home title Global Recession Risk Grows as U.S. Damage ... 2000s financial crisis Financial crisis that started in 2007 The Great Depression Late 2000s recession ... more details
The recession index the R word index is an informal Index economics index created by The Economist which counts how many stories in the Washington Post and the New York Times using the word recession in a fiscal quarter quarter . This simple formula pinpointed the start of Recession History of recessions recessions in 1981, 1990, and 2001 , but was misleading in the 1990s early 1990s , when the index indicated a recession for a year after it had officially ended in March 1991. The index has inspired serious research into testing whether the tone and volume of economic reporting over time has affected people s perceptions. Mark Doms Federal Reserve Bank of San Francisco and Norman Morin Board of Governors of Federal Reserve System the Federal Reserve System 2004 ref cite web url http www.frbsf.org publications economics papers 2004 wp04 09bk.pdf title Consumer Sentiment, the Economy, and the News Media &mdash FRBSF Working Paper 2004 09 last Doms first Mark coauthors Morin, Norman publisher Federal Reserve Bank of San Francisco date 2004 07 format pdf accessdate 2008 02 28 archiveurl http www.webcitation.org 5b0X5tpqd archivedate 2008 09 21 quote ref created indexes based on the number of articles that contain certain keywords and phrases in the title or first paragraph in the thirty largest newspapers across the US. For instance, the recession index is based on the number of articles that mention recession or economic slowdown. . ref cite web url http www.frbsf.org publications economics letter 2004 el2004 29.html title FRBSF Economic Letter &mdash 2004 29 October 22, 2004 &mdash Consumer Sentiment and the Media last Doms first Mark publisher Federal Reserve Bank of San Francisco date 2004 10 22 accessdate 2008 02 28 archiveurl http www.webcitation.org 5b0XB5D1O archivedate 2008 09 21 quote ref Sources cite web url http www.economist.com finance displaystory.cfm?story id E1 TQVVTTG title The recession index &mdash Words that can harm you &mdash Nov 21st 2002 publisher ... more details
About economic recession during the early twenty first century background financial market events dating from 2007 Late 2000s financial crisis Late 2000s recession Financial crisis Image GDP Real Growth.svg ... rates for 2009. Countries in brown are in recession. The late 2000s recession , often called the Great Recession , ref cite news url http online.wsj.com article SB10001424052702303591204575169693166352882.html work The Wall Street Journal title Did Great Recession Live Up to the Name? first David last ... date 2010 09 13 ref is a severe ongoing global economic recession that began in the United States in December 2007. The Great Recession has affected the entire world economy , with higher detriment in some countries than others. It is a global recession characterized by various systemic imbalances ... NBER started to believe that the recession may have ended in the U.S.. ref Daniel Gross, http www.newsweek.com id 206631?from rss The Recession Is... Over? , Newsweek , July 14, 2009. ref ref ... of Macroeconomic Indicators Preceding the End of an American Economic Recession. Journal of Pattern ... a Double Dip Recession author Mark Hulbert date July 15, 2010 ref The requisite of two consecutive ... 2010 09 20 the end of the great recession hardly ?partner contextstory title The End Of The Great Recession ... 2010 09 20 briefing markets recession over stocks rally.html?boxes Homepagechannels title Street Rallies Around Official Recession End first Steve last Evans Schaefer date 2010 09 20 work ... the recession began in December 2007. ref cite news url http blogs.wsj.com economics 2008 12 01 nber makes it official recession started in december 2007 work The Wall Street Journal title NBER Makes It Official Recession Started in December 2007 date 2008 12 01 ref The financial crisis is linked ... ref Cite news url http www.forbes.com 2009 01 14 global recession 2009 oped cx nr 0115roubini.html title A Global Breakdown Of The Recession In 2009 author Nouriel Roubini date January 15, 2009 work Forbes ... more details
The Recession of 1958 was a sharp worldwide economic downturn in 1958, and the most significant one during the post World War II boom between 1945 and 1970. It hit economically disadvantaged countries hardest, because it involved a decline in the purchases of raw materials, both agricultural and mineral, by developed nations. The terms of trade of the underdeveloped countries was adversely affected. In Europe no less than in the United States there was a fairly sharp decline in investment in fixed capital. In the United States, unemployment rose but there was little or no decline in personal income. Auto sales fell 31 over 1957, making 1958 the worst auto year since World War II . Unemployment in Detroit stood at a high of 20 by April. Imports into the United States from Europe stayed high, but the recession in Europe reduced European purchases of American raw materials. And so the balance of payments deficit in the United States sharply increased. In Europe, however, a surplus in their balance of payments developed. Normally prices fall during recessions but this time they went up, apart from raw materials. In the U.S. consumer prices rose 2.7 from 1957 to 1958, and after a pause they continued to push up until November, 1959. Wholesale prices rose 1.6 from 1957 to 1959. The continued upward creep of prices became a cause of concern among economists. Politically in the U.S. the Democratic party made major gains in the United States House election, 1958 off year elections . References Gable, Richard W. The Politics and Economics of the 1957 1958 Recession, The Western Political Quarterly , vol. 12, No. 2 Jun., 1959 , pp. 557 559 published by University of Utah on behalf of the Western Political Science Association cite book title Economic Issues of the 1960s last Hansen first Alvin H. authorlink coauthors year 1960 publisher McGraw Hill location New York isbn page cite book title The Powerful Consumer Psychological Studies of the American Economy last Katona first George ... more details
Orphan date February 2009 Wikify date April 2010 Leading Wales out of recession is the Welsh Assembly Government campaign to tell individual s and businesses what help is available during the recession which officially began 23 January 2009 ref cite web url http news.bbc.co.uk 1 hi business 7846266.stm work BBC title UK in recession as economy slides date 2009 01 23 accessdate 2009 02 21 ref . References reflist Category Economy of Wales ... more details
The Recession of 1969 1970 was a relatively mild recession in the United States . According to the National Bureau of Economic Research the recession lasted for 11 months, beginning in December of 1969 and ending in November of 1970. ref name NBER cite web accessdate 2008 10 01 url http www.nber.org cycles.html title NBER Business Cycle Expansions and Contractions publisher NBER Dead link date October 2010 bot H3llBot ref The recession followed the second longest economic expansion in U.S. history which had begun February 1961 only the 1990s saw a longer period of growth . At the end of the expansion inflation was rising, possibly a result of increased deficit spending during a period of full employment . This relatively mild recession coincided with an attempt to start closing the budget deficits of the Vietnam War fiscal tightening and the Federal Reserve raising interest rates monetary tightening . ref name Labonte cite web accessdate 2008 03 05 url http www.fpc.state.gov documents organization 7962.pdf title The Current Economic Recession publisher Congressional Research Service date 2002 01 10 author Labonte, Marc ref During this relatively mild recession, the Gross Domestic Product of the United States fell 0.6 percent. Though the recession ended in November 1970, the unemployment rate did not peak until the next month. In December of 1970, the rate reached its height for the cycle of 6.1 percent. ref http www.bls.gov cps Labor Force Statistics from the Current Population Survey , Bureau of Labor Statistics . Retrieved on September 19, 2009 ref References Reflist Category Recessions Category 1960s economic history Category 1970s economic history Category 1970 in economics Category 1969 in economics ... more details
The Recession of 1960 1961 was a recession in the United States . According to the National Bureau of Economic Research the recession lasted for 10 months, beginning in April 1960 and ending in February 1961. The recession preceded the second longest economic expansion in U.S. history which lasted from February 1961 to the Recession of 1969 70 in December 1969 only the 1990s saw a longer period of growth . ref name NBER cite web accessdate 2008 10 01 url http www.nber.org cycles.html title NBER Business Cycle Expansions and Contractions publisher NBER Dead link date October 2010 bot H3llBot ref The Federal Reserve began to tighten monetary policy in 1959 and eased off in 1960. ref name Labonte cite web accessdate 2008 03 05 url http www.fpc.state.gov documents organization 7962.pdf title The Current Economic Recession publisher Congressional Research Service date 2002 01 10 author Labonte, Marc ref During this recession, the Gross Domestic Product of the United States fell 1.6 percent. Though the recession ended in November 1960, the unemployment rate did not peak for several months. In May 1961, the rate reached its height for the cycle of 7.1 percent. ref http www.bls.gov cps Labor Force Statistics from the Current Population Survey , Bureau of Labor Statistics . Retrieved on September 19, 2009 ref References Reflist Category Recessions Category 1961 in economics Category 1960 in economics Category 1960 in the United States Category 1961 in the United States ... more details
notability Episode date March 2011 unreferenced date March 2011 All plot date March 2011 Infobox television episode Title Recession Proof Series House TV series House Image Caption Season 7 Episode 14 Director S.J. Clarkson Writer John C. Kelley Teleplay Story Producer Music Photographer Editor Production Airdate Start date 2011 2 28 Length Guests Adrian LaTourelle as Bert Versky Ashley Jones as Diane Versky Tom Connolly as Officer Smith Mike Moh as Waiter Frank Drank as Bartender Season list Infobox House TV series season 7 episode list Prev Next Episode list List of House episodes List of House episodes Recession Proof is the fourteenth episode of the House season 7 seventh season of the American medical drama House TV series House . It aired on February 28, 2011. Plot A patient is admitted after breaking out in a severe rash triggered by caustic chemical exposure at his blue collar job. As the team treats him, they discover that he has led his wife to believe that he is still maintaining his once lucrative real estate career. Meanwhile, Cuddy is honored with an award and needs House to be at the charity event for support, but his attendance is threatened when his patient s battle to survive forces him to question his practice and his own happiness. Also, Chase and Masters teach each other a lesson in forging meaningful personal and professional relationships. External links Wikiquote House TV series Recession Proof .287.14.29 Recession Proof http www.fox.com house recaps season 7 episode 14.htm Recession Proof at Fox.com IMDb episode 1726375 Recession Proof Tv.com episode 1374018 Recession Proof Navbox House television series House episodes DEFAULTSORT Recession Proof Category House TV series episodes Category 2011 television episodes ... more details
geographical imbalance Africa date December 2010 Late 2000s recession As a direct result of the late 2000s recession , some economies in Africa have been primarily affected by reduced global demand and lower prices of commodities such as oil, platinum, nickel, gold, and copper. South Africa was the first African country to fall in recession. Other countries like Morocco and Egypt , which benefited from their previous high economic growth experienced a great decline due to the global economic crisis without falling in recession. South Africa Moody s Investors Service warned on July 7, 2008 that South Africa could slip into a recession by the turn of the year. Moody s cited electricity shortages, high interest rates, soaring inflation, a slumping housing and vehicle market and lower business and consumer confidence indicators. Growth in South Africa s real gross domestic product for the first quarter of 2008 slowed to 0.39 . CPIX inflation, the monetary policy inflation target measure, rose 10.9 on a year on year basis in May, its highest level since November 2002. ref cite news url http www.marketwatch.com news story moodys says south africa may story.aspx?guid 7B8A9FE5B9 E704 4520 A54A 58096C0EE203 7D title Moody s says South Africa may slip into recession publisher Market Watch date 2008 07 07 accessdate 2008 07 19 ref South Africa s National Treasury criticized the statement by Moody s saying, It s not possible that we ll end up in recession. He added that the government may revise lower its 4 percent growth forecast for the year following growth of 5.1 in 2007. Car sales in South Africa dropped an annual 22 percent in June due to higher interest rates. ref cite news url http www.bloomberg.com apps news?pid 20601116&sid aSsCu.e0KNew&refer africa title South Africa Says Moody s Recession Claim Alarmist publisher Bloomberg L.P. Bloomberg date 2008 07 09 accessdate 2008 ... financialcrisis ILO Job Crisis Observatory Economic Crisis DEFAULTSORT Late 2000s Recession In Africa ... more details
Lead rewrite date April 2008 Refimprove date August 2007 The early 2000s recession was a decline in economic activity which occurred mainly in developed countries. The recession affected the European Union ... avoided the recession for the most part, while Russia , a nation that did not experience prosperity during the 1990s, began to recover. Japan s 1990s recession continued. The early 2000s recession ... financial crisis . The 1990s were also a period of recession between 1995 and 1998 inclusive. The early 2000s recession was not as bad as many predicted it would be, nor was it as bad as either of the two previous worldwide recessions. Many economists object to characterizing it as a recession, in the United ... in the U.S. economy in late 2000. A peak marks the end of an expansion and the beginning of a recession ... in March 1991 ended in March 2001 and a recession began http www.nber.org cycles cyclesmain.html . The expansion ... economy was in recession from March 2001 to November 2001 http www.nber.org cycles cyclesmain.html ..., economic conditions did not satisfy the common shorthand definition of recession, which is a fall ... about the procedure for determining the starting and ending dates of a recession. The NBER .... However, controversy over the precise dates of the recession led to the characterization of the recession as the Clinton Recession by Republicans, if it could be traced to the final term of President Bill Clinton . A move in the recession date in a 2004 report by the Council of Economic ... Recession date February 23, 2004 work Business Week Online author Michael J. Mandel accessdate 2008 01 09 ref BCDC members suggested they would be open to revisiting the dates of the recession as newer ... www.washingtonpost.com ac2 wp dyn A38826 2004Jan22?language printer Economists Say Recession Started ... that the revised data have made our original March date for the start of the recession much too late ... increases, credited in part for plunging the country into a recession. ref name Ruddy Ruddy, Christopher ... more details
refimprove date February 2009 This article gives the timeline of the Late 2000s recession global recession ..., banking and stockmarket turmoil of 2007 and 2008. Definition of recession A recession is defined ... to be in recession. The date indicated is that of the official announcement by the department ... may not correspond to that of the actual entries in recession. It is worth noting that some developed countries such as South Korea and Australia did not enter recession indeed Australia contracted for the last ... flagicon Denmark Denmark Denmark becomes the first European economy to confirm it is in recession ... publisher EU business title Denmark in recession after first quarter contraction date 1 July 2008 ref August 13, 2008 flagicon Estonia Estonia The Baltic state slides into recession with a 0.9 percent fall in second quarter GDP after a drop of 0.5 percent in the first quarter. It falls deeper into recession ... news articles 21072 publisher The Baltic Times title Recession arrives in Estonia date ... in recession as GDP falls 0.2 percent in the second quarter from the first quarter, when it fell ... Ireland Republic of Ireland Ireland The Celtic Tiger slides into recession for the first time in over ... in the first quarter. Its last recession in 1983 saw thousands of people leave Ireland to seek work overseas. ref cite news title Ireland falls into recession date 25 September 2008 publisher Guardian ... country to slip into a recession since the credit crisis began. Singapore s export dependent economy ... quarter, its first recession since 2002. November November 13, 2008 flagicon Germany Germany ... in the second quarter, putting it in recession for the first time in five years. ref cite web url http www.france24.com en 20081113 german economy officially recession financial crisis europe title German economy officially in recession publisher France 24 date 13 November 2008 ref November 14, 2008 flagicon Italy Italy Italy plunges into recession, its first since the start of 2005, after GDP contracts ... more details
The recession of the early 1990s describes the period of economic downturn affecting much of the world in the late 1980s and early 1990s. Image DJIA Black Monday 1987.svg thumb 250px Dow Jones Industrial Average Dow Jones July 1987 through January 1988 Causes On Black Monday 1987 Black Monday of October 1987 a stock collapse of unprecedented size caused the Dow Jones Industrial Average to fall by 22.6 ... wellbeing of millions of Americans in jeopardy. The panic that followed led to a sharp recession through ... of the market such as energy and real estate slumped. The first burst of the recession was short lived ... consumer spending almost single handedly lifted the North American economy out of recession. It soon ... could hold on to power through the last part of the recession, both being swept out by opponents ... to it as the recession that Australia had to have. ref http www.australianpolitics.com executive ... Zealand , the recession came after the re election of the reformist Fourth Labour Government of New Zealand Lange Labour government. The impact of economic reforms known as Rogernomics in the recession ..., Roger Douglas . In response to the recession, Douglas wanted to increase the pace of reform, whereas ... Kinnock and Labour Party UK Labour . The early 1990s recession was officially the longest in Britain since the Great Depression some 60 years earlier. However, the recession of the early 1980s brought ... rose from 1,600,000 to nearly 3,000,000 during the recession as opposed to the rise from 1,500,000 to 3,200,000 that had occurred as a result of recession between 1979 and 1983 , and with the return of economic growth it began to fall from early 1993 and within five years was back to pre recession levels. Following the end of this recession, the British economy enjoyed a record run of unbroken economic growth which lasted more than 15 years until the economy lurched back into Late 2000s recessionrecession during 2008 an economic downturn which was ultimately even worse than that of the early ... more details
Late 2000s recession Cleanup date March 2011 The business community in Australia and New Zealand had been affected by global financial crisis for a number of reasons. Although regional banks generally have good liquidity requirements, the commercial wing of the industry was overexposed to sovereign wealth fund s and governments made few provisions for the drop off in trade with China. Additionally, many institutions of the Economy of New Zealand New Zealand economy are host regulation regulated by Australian .... Australia main 2007 10 recession in Australia There has been a credit market crisis in the Australian ... more than 2 GDP growth in 2009 while many Western nations go into recession . The World Economic ... could put the economy into recession for the first time in 17 years. ref http www.iht.com articles ap 2009 01 19 business AS Australia Economy.php Australia seen sliding into recession in 2009 , International ... Zealand in a technical recession. ref cite news url http news.xinhuanet.com english 2008 07 09 content 8517938.htm title New Zealand considered to be in recession publisher Xinhua date 2008 07 09 accessdate ... title NZ Treasury economy may be in recession already publisher Reuters date 2008 ... based on economic indicators, putting New Zealand in a recession. ref cite news url http news.bbc.co.uk 2 hi business 7542815.stm title New Zealand enters recession publisher BBC News date 2008 08 ... was in recession. ref name NZTaiwan cite news url http www.telegraph.co.uk money main.jhtml?view ... toward recession publisher Daily Telegraph date 2008 09 11 accessdate 2008 09 12 location London ... recession in a decade. ref cite news url http www.bloomberg.com apps news?pid 20601068&sid aIQfRV6AYbfk&refer home title New Zealand Economy Shrank 0.2 , Confirming Recession publisher Bloomberg L.P. Bloomberg date 2008 09 26 accessdate 2008 09 26 ref The economy emerged from recession in mid 2009 ... Crisis DEFAULTSORT Late 2000s Recession In Australasia Category Financial crisis of 2007 2010 Australasia ... more details
File 1973 75 recession.jpg right In the parlance of recession shapes , the Recession of 1973 75 in the United States could be considered a U shaped recession , because of its prolonged period of weak growth and contraction. ref name TBM Cite news url http www.thebigmoney.com articles explainer 2009 01 12 recession was brought you letters u v and l title This Recession Was Brought to You by the Letters U, V and L author Martha C. White date January 12, 2009 work The Big Money ref br Legend2 4682B4 Percent Change From Preceding Period in Real Gross Domestic Product annualized seasonally adjusted border 1px solid aaa Legend2 800000 Average GDP growth 1947 2009 border 1px solid aaa br Source Bureau of Economic Analysis left thumb 300px The 1973 75 recession in the United States or 1970s recession was a period of economic stagnation in much of the Western world during the 1970s, putting an end ... the recession evident. According to the National Bureau of Economic Research , the recession in the United ... the economy was expanding from 1975 to the Early 1980s recession first recession of the early 1980s ... this recession, the Gross Domestic Product of the United States fell 3.2 percent. Though the recession ... 10 in the United States and the Early 1980s recession where unemployment peaked at 10.8 in November and December 1982. United Kingdom The recession also lasted from 1973 75 in the United Kingdom ... of recession. ref name ir09feb The oil crisis was largely to blame for the downturn in the United ... in 1975 as the recession s end was declared, but Britain s economy remained shaky. Inflation remained ... to oversee a strong economic recovery following the earlier recession seen as one of the key factors ... factors of the 1973 75 recession inflation and strikes were conquered during the first term of the Thatcher ... of Old Labour s failure to sustain economic recovery after the 1973 75 recession. ref cite ... 1973 75 Recession Category Recessions Category 1970s economic history ... more details
Use dmy dates date January 2011 Late 2000s recession There has been a credit market crisis in the Economy of Australia Australian economy since early 2008. ref cite news last Buhrer first Katja title Investors are craving crucial hit of confidence work The Australian Financial Review pages 20 21 date 9 January 2009 ref The taxation system is currently being reviewed in order to reduce its complexity and increase the tax concessions made for investment income, although it remains uncertain what if any financial products will be excluded in the proposed changes. In July 2008, the National Australia Bank cut a A 850 million bond sale by two thirds following investor flight and opted for a 100 ..., sustaining more than 2 GDP growth in 2009 while many Western nations go into recession . The World ... have predicted the continuing decline of trade in 2009 could put the economy into recession for the first ... Australia seen sliding into recession in 2009 , International Herald Tribune, January 19 ... or cushion the impact of a recession, the Federal Government proposed a A 10.4 billion stimulus .... ref http news.theage.com.au business stimulus plan to reduce recession risk 20081014 50db.html Stimulus plan to reduce Recession Risk , Fairfax media, 14 October 2008 accessdate 6 June 2009 ref Treasury ... economy contracted by 0.5 in the last quarter of 2008, leading to fresh worries of recession ... last Smith ref On Wednesday 22 April 2009 it was declared that Australia was to fall into recession ... entered recession, providing an optimistic outlook for the economy. ref cite news url http business.smh.com.au business australia dodges recession 20090603 buyq.html work The Sydney Morning Herald first Chris last Zappone title Australia dodges recession date 3 June 2009 ref The positive GDP figure ... and praised the country s officials for saving their economy from recession. Unemployment class ... property bubble References reflist DEFAULTSORT 2007 10 recession in Australia Category Financial ... more details
Late 2000s recession As one of the most developed regions in the world, the late 2000s early 2010s recession in the Americas is seen as one of worst disaster areas of all the world. While Canada has managed to return their economy nearly to the levels they enjoyed prior to the recession, ref http www.conferenceboard.ca reports cmaag 2010 cmaag082010.aspx Canada s Economy Takes a Break ref the United ... items have dropped dramatically in the United States as a result of the recession. This can be seen ... recession in the United States see also Subprime mortgage crisis Image Foreclosure Trend.png thumb ... Jobs in February , Most in 5 years, Feeding Recession Fears, , Associated Press, March 7, 2008 .... The recession officially started in Q4. The almost 1 year delay of the start of the recession in Canada ... of the Canadian economy and delaying the start of recession. In early December 2008, the Bank ... 1958, also declared that Canada s economy was entering in recession. ref name google.com cite news ... Canada entering a recession, central bank slashes key rate to 1.5 per cent publisher The Canadian Press ... servlet ArticleNews story CTVNews 20081125 recession economy 081125 20081125?hub TopStories Canada ... of Canada officially declared the recession to be over in Canada. ref http www.thestar.com article 670645 Bank declares recession over, The Toronto Star, July 23, 2009 ref However, the true economic ... title Recession is spreading from U.S. to Mexico s economy work Dallas Morning News date December 29, 2008 agency The New York Times location accessdate 2009 01 04 ref The recession did not show up until 2009, but the recession already slowed down in 2008. The country had a positive growth ... main 2007 10 recession in South America As it mainly consists of commodity exporters, South America ... op eds & columns south america recession can be avoided title South America Recession Can Be Avoided ... ILO Job Crisis Observatory Economic Crisis Subprime mortgage crisis DEFAULTSORT 2007 10 recession ... more details
to rise throughout the recession, which partly compensated for the reduction in the number of hours ... explained the recession and recovery in very different terms from the Keynesian economics Keynesians ... in Recession and War . 1995 John J. Coleman. State Formation and the Decline of Political ... A Case Study of the Recession of 1937, Michigan Business Studies v 10 5 1951 Patrick D. Reagan ..., 2000 Kenneth D. Roose. The Recession of 1937 38 Journal of Political Economy , Vol. 56, No. 3 Jun., 1948 , pp. 239 248 Kenneth D. Roose. The Economics of Recession and Revival an Interpretation ... Stock market crashes DEFAULTSORT Recession Of 1937 Category Economic disasters in the United States ... more details
File Early 80s recession.jpg GDP growth in the United States in the early 1980s. The short recession at the start of the decade, followed by a brief period of growth and the deeper recession in 81 82, have led to this period being characterized as a W shaped recession . br Legend2 4682B4 Percent Change ... Analysis right thumb 300px The Early 1980s recession was a severe recession in the United States which ... Cause the Recession? , New York Times, April 1, 1991 Krugman wasn t a NYT columnist until 1997. Verify ... Times publisher date January 5, 1981 accessdate ref The primary cause of the recession was a contractionary .... It jumped sharply to 6.9 in April 1980 and to 7.5 in May 1980. A mild recession from January ..., All Items, April 17, 2007. ref A brief recession occurred in 1980. Several key industries including ... not recover through the end of the next recession. Many of the economic sectors that supplied these basic ... to Rise in 1982 as Recession Deepened, Monthly Labor Report, February 1983. ref Determined to wring ... May 5, 1981 accessdate ref Financial institutions crises The recession had a severe effect on financial institution s such as savings and loan association savings and loans and bank s. Banks The recession ... high of 42 as the recession and high interest rates took their toll. ref Rowe, Regulators See ... overbuilding of Branch banking branches . ref name FDIC The recession affected the banking industry ... recession and the effects of deregulation. Had other banks been forced to write off loans ... Institutions in the United States, 1993. ref The S&L crisis Main Savings and Loan crisis The recession ... exposure of S&Ls expanded, the economy slid into the recession. Soon, hundreds of S&Ls were ... Political fallout Main United States House elections, 1982 United States Senate elections, 1982 The recession ... was in a slight recession . ref cite news first Jonathan last Fuerbringer authorlink coauthors title Reagan s Slight Recession url http www.nytimes.com 1981 10 20 business reagan s slight recession ... more details
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