Sentences with phrase «as the recession deepened»

That same year, as the recession deepened, commissioners backed off pushing a $ 32 million tax hike to fix the district's beachfront.

As the recession deepens, bringing hiring freezes and furloughs to budget - strapped universities across the country and threatening the solvency of private - sector firms, supporters of the Grassley - Durbin proposals appear likely to press anew to pass the bill.

She had voted for necessary budget cuts as the recession deepened, and her reform ideas had surfaced.

These savings will grow even more attractive as the recession deepens.

But in 2009, as the recession deepened, my income went down sharply.

As the recession deepens, many Americans are avoiding pulling out their credit cards for purchases as they cut back on expenses and follow debt reduction plans.

This is a good time to consider how you are paying for your life insurance because as this recession deepens, strict budgeting is becoming more and more a necessity.

Not exact matches

Sales had been sliding for several years before plunging off a precipice as the financial crisis deepened into a global recession in 2009.

By June 2011, as the UK economy headed for recession, Balls had largely set aside the issue of Labour's economic legacy and was locked in battle with George Osborne over how to lift the economy out of a deepening slump.

Upstate cities, as well as suburban counties, face severe fiscal stress that have only been deepened in the wake of the financial crisis and slow - growth recovery following the official end of the economic recession.

The economy is in the grip of a pernicious and deepening recession and will not recover in the second half of this year, as we were promised by the Chancellor as recently as in the Pre Budget Report on 24 November.

Similarly, as the current recession deepens, we see hints of growing taxpayer resistance to the rising cost of education.

The accompanying damage is consistent with what John Hussman observed a few months ago in The Risk of Conceding Recession, which noted «Once an ongoing (and in my view, probably deepening) recession becomes broadly recognized, we may observe abrupt losses as the likelihood of more sustained earnings disappointments and much broader default risk becomes reflected in one fell swooRecession, which noted «Once an ongoing (and in my view, probably deepening) recession becomes broadly recognized, we may observe abrupt losses as the likelihood of more sustained earnings disappointments and much broader default risk becomes reflected in one fell swoorecession becomes broadly recognized, we may observe abrupt losses as the likelihood of more sustained earnings disappointments and much broader default risk becomes reflected in one fell swoop.»

During the recovery of the Great Recession, income inequality in the United States accelerated, with 91 % of the gains going to the top 1 % of families.19 Left out of the recovery were African American families who, during the downturn, lost an average of 35 % of their accumulated wealth.20 African American unemployment increased, home ownership decreased, and child poverty deepened to approximately 46 % of children younger than 6 years.21 Because social mobility is lowest for people in the lowest income quartile, half of African American children who are poor as young children will remain poor as adults, approximately twice as many as white adults similarly exposed to poverty as children.22