Sentences with phrase «as the recession hit»

Lending from big banks dried up in 2009 and 2010, as the recession hit many small business hard.

The company also had production problems at its Dominican Republic plant, and then shipments to distributors collapsed as the recession hit.

As the recession hit countless businesses over the past three years, J&G Foods Inc. of Sutton, Mass., has seen its business shift into higher gear.

Student debt drew public attention and concern as the recession hit and graduates fell behind on their loans.

As the recession hit, however, the firm's fortunes changed: «It made me realize that I had to venture out on my own,» she says.

Small law firms saw profits per equity partner fall 24 % as the recession hit, according to the Law Society Law Management Section's annual profitability survey.

Clarke has said that using consumer credit reports as a factor in setting insurance rates has had a crushing impact on Michigan drivers as the recession hit Michigan particularly hard, leading to plunging credit scores and sharply rising auto insurance rates.

Not exact matches

The number of middle - class thieves grew this year, too, as those hit hard by the recession tried to keep up with the Joneses.

«We would have people call that they were hit by the recession, maybe they lost their job or business wasn't as good as it had been, so they'd want to sell their machine guns» Goepfert says.

Because energy and tech are globalized industries that aren't tethered as closely to the U.S. economy as many other sectors, they weren't hit as hard by the recession, and can afford to shell out more money for attractive office space, says Ryan Severino, senior economist at Reis.

We found that the latest recession hit them hard — the hardest of all demographics — and as a result, in the years when they should be in peak accumulation, they're struggling to reach their savings goals.

With its steady stream of visitors flowing from Mexico, McAllen wasn't hit as hard by the Great Recession.

Over at WaPo, wherein I argue that a) when we hit the next recession, many policy makers will point to our higher - than - average debt / GDP ratio as evidence that we have too little fiscal space to engage in offset fiscal stimulus, and b) those policy makers will be wrong.

Our cleaning franchisees are given a level of support that allows them to hit the ground running in the recession resilient cleaning services industry, and our cleaning franchise opportunity is universally recognized as one of the very best entrepreneurial opportunities in the marketplace today.

I'd like to eliminate FICA taxes in the next recession as a stimulus, but I doubt that happens cuz Dems will come in and say «morally wrong» cuz «equality» even though FICA hits the middle class the hardest, but okay.

No, you should have * three * recessionary concerns: If / When the next recession hits, it will be painfully obvious that the Fed's forecasts were wrong and it has spent too much time peevishly focused on non-existent inflation, treating the 2 % «target» as a ceiling.

A future German inflation rate above the eurozone average could be part of a natural adjustment process as crisis - hit countries pulled themselves out of recession, the Bundesbank argued in evidence to German parliamentarians submitted on Wednesday.

10 - year Canadian government bond yields had declined to as low as 0.90 % during mid-February, when recession fears hit an apex but ended the quarter at just over 1.2 %.

The chart shows three important facts: (1) a bigger rise in food stamp usage in hard - hit housing states as early as 2007 and 2008, (2) the rise in food stamp usage increased by substantially more in these states during the heart of the Great Recession in 2009, and (3) even in 2013, food stamp usage is growing more in hard - hit housing states.

In the United States alone, just those companies in the S&P 500 have been hoarding more than $ 1.9 trillion in cash which began in response to jurisdictional tax disparities and global economic uncertainty following the Great Recession, then accelerated over the past decade as big U.S. corporations accumulated profits offshore in lieu of repatriating the funds and taking a tax hit.

Data through March 2011 show that the National Index hit a new recession low with the first quarter's data (the prior low was the first quarter 0f 2009, and we define this as the «double - dip»).

«For example, we're still seeing declines in oil - dependent housing markets, whereas the hardest hit metros from the Great Recession continue to see some of the best improvement as they recover.

-- Said the Fed needs to keep slowly raising rates, rather than waiting until inflation hits its 2 percent target, to avoid a «boom - bust» economy whereby it might eventually have to tighten so aggressively as to tip the economy into recession.

For some historical perspective, let's look back to December 2006, when the VIX, which is sometimes referred to as the market's fear index, hit a cyclical low of 9.39, just as the housing market began to stumble and stock markets were beginning their final run - up ahead of the Great Recession and a subsequent 57 percent crash.

Steadily rising prices, the danger of continuing inflation, an economic recession as bad or worse than the Great Depression of the early 1930s, and widespread unemployment that can hit almost anywhere give plenty to worry about.

When the recession hit in the late 2000s, many companies responded by cutting non-essential services and perks — such as catered lunches and hosting special events.

Well, it looks as though the recession has hit even the D.C. area, which is usually immunized somewhat against bad economic times by the presence of the federal government and all who feed on it.

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.

Unemployment hit two million as the recession kicked in, underlining the importance of the looming G20 summit.

The unemployment rate in the Buffalo Niagara region hit a nine - year low of 5.7 percent in January as a steady wave of hiring pushed the number of people with jobs to its highest level since the recession.

«This fiscal stress has been particularly acute in states that have relied heavily on tax revenues from economic sectors hit hard by the recession,» such as the financial industry, the Fed report stated.

«Without profound change in the way we manage our economy, we are at risk of, at best, sleepwalking back to an economy riddled with the same risks as we saw before the recession hit.»

The Albany convention center's original $ 220 million - plus project was initially planned to be built off Broadway around the Greyhound bus station, but it stalled as the Great Recession hit.

New York State levied a millionaire's tax in 2009, just as the financial crisis and the ensuing recession hit.

But the sales tax is an always unsteady source of money and becomes especially so when certain events intervene, such as when the Great Recession hit in 2008 and people cut their purchases back big - time.

«However, as we have learned in the past, the good times sometimes hit a bump in the road, the market has a possible downturn and an economic recession looms in the future.»

As the second largest economy in the EU and one of the largest financial hubs in the world, the UK was one of the countries hit the hardest by the Great Recession in 2008.

REUTERS — Oct 16 — Singapore's bridal agencies are seeing slowing business as the financial crisis and a looming recession hit love in the country.

The report notes that even as many young adults are failing to earn a post-secondary degree, they have also been hit far harder than older adults by unemployment in the Great Recession.

This employment gap is consistent with other data [xx] showing that the Great Recession hit black college graduates much harder than white college graduates, as well as with evidence [xxi] that employers are more likely to discriminate against minorities in weak labor markets.

Ironically, the federal dollars arrived before the recession - induced fiscal crunch hit local revenues from local property taxes, as it takes a year or two, sometimes longer, for depressed property to be assessed at its new, lower value.

(As the box in this paper indicates, capital spending has fallen significantly since the recession hit, just as non-capital spending hasAs the box in this paper indicates, capital spending has fallen significantly since the recession hit, just as non-capital spending hasas non-capital spending has.)

In most states capital spending fell sharply after the recession hit, as did the non-capital school funding discussed in this paper.

That program was launched in the summer of 2009, just as the American economy was hitting bottom due to the Great Recession.

The new tension on education's labor front, brought on in large part by the economic recession hitting much of the nation, is seen by many as potentially jeopardizing school reforms fostered by the long era of peace.

As the timeline shows, teacher pay had been trending upward until the Great Recession hit.

Governors view education as expendable when a recession hits.

But as soon a recession hits, look out.

10 - year Canadian government bond yields had declined to as low as 0.90 % during mid-February, when recession fears hit an apex but ended the quarter at just over 1.2 %.

The high percentage in 2009 was mostly an aberration, as earnings seem to have been hit by the Great Recession.