While the US economy has
avoided an economic recession in the past few years, it has not been able to avoid an earnings contraction.
Not exact matches
However, although the BCC believes the country will manage to
avoid recession, it does anticipate slowing
economic momentum over the next two years given higher inflation trends and a continued lack of clarity about the process by which the U.K. leaves the EU.
The recent drop in oil prices has Todd Hirsch, ATB Financial's chief economist, predicting a mild
recession for Alberta this year and a sluggish recovery next year after forecasting in June that the province would
avoid such an
economic decline.
Poland's Economy Slows
Economic output slowed sharply in the second quarter in the only EU member that
avoided recession after the financial crisis.
Juicy Excerpt: The third scenario is that we could see an
economic hit strong enough to bring on a significant
recession but not so strong as to bring on a Second Great Depression; there is a range of possibilities that follow from any P / E10 level so it is at least possible that we could
avoid another Great Depression...
Unlike
economic recession and wars which pass, climate change does not and there are deadlines if we want to
avoid a point of no return.
«Despite the global
economic slowdown, the housing sector continues to recover and will likely help the U.S. economy
avoid a
recession.»
Having
avoided the
economic destruction of the real estate bubble, the Texas economy did amazingly well during the Great
Recession and since then.