Not exact matches
And then there's the
recession, which wiped out retirement funds right
as many boomers were about to
start needing them.
It's an idea that has been around forever, but is making a big comeback
as people who have lost their jobs in the
recession increasingly look to
start a small business
as an alternative to traditional employment.
But
as the
recession tightened credit offerings, the popularity of microlending has extended to the U.S. — especially
as aspiring entrepreneurs are
starting ventures with far less than the $ 50,000 business loan threshold common at many banks.
Further, the decline in housing
starts and permits after the expiration of the $ 8000 housing credit was probably an important factor in the slowdown in GDP earlier this year, and
as I wrote last week, probably plays a role in ECRI's
recession call.
In other words, demographics alone have shaved two percentage points off participation,
as the large baby boomer generation
started to reach retirement age around the
start of the
recession.»
From what I can tell, issues such
as a possible
recession, rising raw - material costs and unstable capital markets that seem to bother big companies do not seem to trouble many
start - up CEOs.
If you
start the clock in 2007, we are nearing a decade of talking about the U.S. economy
as either being on the verge of disaster, in the throes of the worst
recession since the Great Depression, or stuck in an endless and disappointing recovery.
As this other chart, by the Federal Reserve Bank of Boston shows, government employment held up relatively well during the
recession, but
started bleeding jobs during the recovery.
The head of the World Trade Organization warned of a real risk of triggering an escalation of global trade barriers and a deep
recession, even
as financial markets and many economists
started to discount the risk of a global crisis.
It also mentioned that governments might be inclined to organise referenda to counteract the «perception that the EU is an «elite - driven» project,»
as it notes that notion has been lingering since the
start of the
recession as «voters increasingly associat [e] the EU project with austerity, rather than a source of union and prosperity.»
Things
start out looking pretty dire,
as the economy fell into its deep
recession through mid-2009, with the S&P 500 reaching a minimum in March of that year.
His
starting point hardly sounded like he was identifying a problem: he touted Canada's job - creation record
as the best of the major industrialized economies, adding 950,000 jobs since the depths of the 2009
recession.
And unless that economy
started to wean itself off an ever - depleting supply of affordable oil, there would be other
recessions to follow
as economic recoveries would simply push oil prices right back into triple - digit range.
This despite the fact that our most reliable statistical evidence indicates a
recession in progress which will eventually be dated
as having
started during the first quarter of this year.
It's important to understand that the USCI isn't a random concoction of data, but rather the gold standard for measuring current economic growth,
as it summarizes the key coincident economic indicators used to determine the official
start and end dates of U.S.
recessions; namely, the broad measures of output, employment, income and sales.
In evaluating the opinions that you hear to the contrary, keep in mind that the consensus of economists,
as measured by the Blue Chip Economic Survey and others, has never forecast an oncoming
recession, and usually remained rosy even several months after the actual
recession was eventually determined to have
started.
You may dismiss this
as politically unthinkable, but when the next
recession comes, we will
start with much higher debt levels than we had in 2008.
The meltdown of global credit markets
starting with American sub-prime mortgage loans, leading to the death of Wall Street
as we have known it, and now to a serious global
recession, seemingly came out of nowhere.
Expectations for the Canadian economy deteriorated to
start the year
as oil prices plummeted to USD $ 26 / barrel amid growing fears of a U.S.
recession.
But markets are betting that the Fed will not be able to tighten monetary policy nearly
as much
as it expects, and if another
recession starts in the next few years, cuts will soon bring interest rates back down to the zero lower bound.
Ten years after the official
start of the downturn, some entrepreneurs profiled by The Associated Press
as the
recession began say now that they are grateful but not gleeful; they have many painful memories and lessons learned.
It would
start out
as a
recession, but then quickly evolve into a depression because of the bursting of the real estate bubble
as well
as the Dow.
She found that, all else equal, for every one - percentage - point increase in the national unemployment rate, the
starting income of new graduates fell by
as much
as 7 percent; the unluckiest graduates of the decade, who emerged into the teeth of the 1981 — 82
recession, made roughly 25 percent less in their first year than graduates who stepped into boom times.
The head of the Bank of Canada gently urged businesses to ease open the purse strings and
start spending Wednesday
as he said the economy was nearing a tipping point toward normal growth following the global
recession.
And stocks were positive 6 out of the past 9 times in the year leading up to the
start of a
recession, dispelling the myth that the stock market always acts
as a leading indicator of economic activity.
We've seen booms and busts in new housing
starts over the past several decades, but homeownership rates in the U.S. took a huge blow
as a result of the Great
Recession.
As the nation continues to recover from the
recession of 2006 — 2009, the demand for loans has
started to increase, though the landscape has changed a bit.
European equities have garnered a fair share of attention lately
as leading indicators suggest economies in the region are
starting to recover from years of crisis and austerity - induced
recessions.
As we all know, 2008 was the
start of the Great
Recession and a brutal year in the stock market.
So, we see a major financial and economic crisis beginning with deflation in a certain number of countries such
as Japan, which had major effects on countries such
as South Korea and Brazil, and also on developed countries where all the countries of the North and South are
starting to move into
recession.
Having continued to attract leading global food manufacturers such
as Boulder Brands and sustained companies such
as Kellogg's, AB Inbev and Unilever throughout the economic downturn, the industry in Wales generates more turnover and employs more people today than it did near the
start of the
recession.
Unite has warned of a debt disease
as National incomes fell by more than 13 per cent this year compared to the
start of the
recession four years ago, according the Office for National Statistics (ONS).
While some retirees could hit the jackpot, the chances are higher that they would hit rock - bottom if the market struggles
as it has since the Great
Recession started in 2007.
To
start with, he was adjudged by the voters
as having performed well during his first term, particularly in education, security, infrastructural development, community development, revenue generation, and especially the regular payment of workers» salaries, despite the nationwide economic
recession.
«The economy has
started responding to these policy initiatives of the government
as evidenced in the improvement and stability of the naira exchange rate; increase in the country's foreign reserves and the recent announcement by the National Bureau of Statistics NBS that the country has officially come out of
recession.
Feeling the aftermath of the
Recession, Theresa tries to regain a foothold in her underworld, professional and private life
as her employees
start to undermine her by looking for a way out of her fledgling criminal empire.
The African - Americans of the 2010s The
start of the 2010s found America in the throes of an economic
recession as a result of the Housing Market Collapse of... Read More
In the wake of the Great
Recession starting in 2007 and the ensuing global financial crisis,
as well
as European sovereign debt crisis, the FOMC maintained a record low target interest rate of 0 % to 0.25 % in order to encourage growth.
As we've discussed, you might get off to a very poor
start (like the folks who retired in early 2008 just prior to the devastating bear market that accompanied the Great
Recession) and need to significantly reduce your withdrawal rate.
Although traditional business lending has rebounded since the
start of the great
recession, the recovery has not been
as robust for the smallest small businesses — the small merchants, restaurants, drycleaners, and mechanics most of us think of when we think of small businesses.
This is likely because Americans view debt
as a sign of personal failure since the
recession started.
As the charts shows, both rates have been cut significantly since the
start of the
recession, either through open market operations (the federal funds rate) or directly (the discount rate).
RT @JimPethokoukis: 11.2 %: What the unemployment rate would be if labor force participation was the same
as when the
recession started Oct 23, 2013
As you can see, the S&P 500 reached a peak just before the
recession started and bottomed out just before it ended.
Perhaps because NBER later revised the
recession date
as having
started in Q4 2000?
Given that middle class Americans are more hesitant to
start a family during an economic
recession, it's a given that pet ownership has seen a decline in recent years
as well.
Yet, officials at Chicago - based IRI say that once the
recession does come to an end, many consumers may not return to national brands
as their wallets
start to expand.
«It
started when investors realized that the pet industry is
recession resistant,» says Carol Frank, managing director at SDR Ventures, a Denver - based investment bank that counts the pet industry
as one of its areas of expertise.
The four - day World Travel Market travel trade exhibition which
starts today in London is expecting over 50,000 visitors and,
as ever the focus for most will be the year ahead and how the continued impact of global
recession will effect their businesses.
Some were keen, but
as time dragged on and the Great
Recession started to kick in, interest dried up.