Sentences with phrase «deep recession»

A "deep recession" refers to a severe and prolonged decline in economic activity. It is characterized by significant decreases in Gross Domestic Product (GDP), high unemployment rates, reduced consumer spending, and financial hardships for businesses and households. This term suggests a more severe economic downturn compared to a regular recession, where the negative impacts are more intense and take a longer time to recover from. Full definition
My first year was tough, recruiting in the Construction sector in the middle of deepest recession in living memory was no easy feat!
During the recession, the government needed to provide support to the economy, provided stimulus to mitigate how deep the recession hit, and also helped the economy get into recovery.
Amid deep recession - related cuts in education budgets, many states are already scrambling to make policy changes to help them qualify for the grants.
Most observers expected the unusually deep recession to be followed by an unusually rapid recovery, with output and employment returning to trend levels relatively quickly.
No one can predict how deep the recession will get or how profoundly it will affect the publishing industry.
Gordon Brown once said he'd abolished boom and bust, but has actually given us the longest and deepest recession since records began.
Two years before the 2008 Wall Street crash that toppled the global economy into deep recession, Harper's Magazine published a dark prophecy of what was to come.
Labour spending never rose above 40 % of GDP, and that was only in the last financial year after two years of deep recession.
A world leader in science and technology, with a fascinating and rich culture, Japan at last seems to be recovering from deep recession.
If we assume that hysteresis is in fact present to some degree after deep recessions, the natural next question is to ask whether it might be possible to reverse these adverse supply - side effects by temporarily running a «high - pressure economy,» with robust aggregate demand and a tight labor market.
Another interesting characteristic these bear markets share is that they didn't coincide with deep recessions, and the majority weren't even recession induced — including bear markets beginning in 1961, 1966, 1976, 1987, and 1998.
The business secretary raised eyebrows on Newsnight when he said he would «probably» do a good job of being chancellor, just hours after official figures showed the UK was in an even deeper recession that previously thought.
This wasn't enough either to prevent many countries entering deep recessions or, subsequently, to generate reasonable recoveries.
He called an upcoming deep recession before anyone else and that day the Dow registered its first big drop.
But even though these periods shared deep recessions, the direction of inflation during these periods differed.
The exceptionally deep recession of 2009 affected all economic sectors in the EU.
Not even the Greens are advocating a longer, deeper recession as the way forward.
Stephens found making it through two deep recessions difficult, saying Healthline needed to «hoard cash to keep the lights on.»
Raising interest rates could mean deep recessions.
«Red Ed» has his detractors regarding his own ability to be influenced by the majority donors to the party, and by relinquishing this assumption he may well be on the road to recovery following a painful submission to the coalition's 2015/6 spending plans, the ONS overturning the double dip to the single, extensively deep recession blamed on the previous Labour administration, to attaining the last word before the summer recess.
I invested in stock and bond funds, not California real estate, which went through deep recessions while I worked there.
Fortunately that risk is small and at most threatens only the dividend growth rate, and even then only if the UK is plunged into a worst case, deep recession once it exits Europe in 2019.
Cameron said Brown had often lauded his economic stewardship but despite his claim to have ended boom and bust, Brown had presided over the «longest, deepest recessions in recent memory».
Hutton, in contrast, sobered proceedings by reminding us that we are living through the longest and deepest recession since the 1870s.
In the face of large - scale economic shocks, enforcing debt contracts places an unbearable burden on debtors, who cut back their spending and send the entire economy into deep recession.
Cha founded the Richmond, Virginia - based business in 2009, as the U.S. was slowly emerging from deep recession.
Another interesting characteristic these bear markets share is that they didn't coincide with deep recessions, and the majority weren't even recession induced — including bear markets beginning in 1961, 1966, 1976, 1987, and 1998.
«Had FHA not stepped in to fill the market void when private lenders couldn't, many families would have been unable to purchase homes and housing values could have dropped even more, causing an even deeper recession,» said Carolyn Miller, president of the Silicon Valley Association of Realtors.
But even though these periods shared deep recessions, the direction of inflation during these periods differed.
Recession accelerates the decline in EU greenhouse gas emissions - News — EEA The exceptionally deep recession of 2009 affected all economic sectors in the EU.
«But I don't think many of us foresaw how deep the recession was going to be or how long it was going to last.»
Since then, new technologies have unlocked previously hard - to - access oil and gas reserves, and the global economy has been growing at a sluggish pace after enduring a deep recession.
Athens was forced to adopt severe austerity measures that plunged the country into a deep recession.
The Facts: Obama's $ 787 billion package was not an infrastructure bill, but a catchall response to a deep recession, with public works projects as a significant part.
All that plaid flannel and under - produced guitar terminated the neon plastic of the preceding era to my great relief (even if it took a deep recession to inspire all that slacker angst).
In other words, a debt freeze would throw the economy hard into reverse and another deep recession.?
In 2009, state - sponsored bank bailouts led to widespread panic; despite deep budget cuts, Ireland plunged into the deepest recession of any EU country.
And then oil prices crashed, forcing Poloz to drop his already low benchmark interest rate another half point in 2015 to avoid another deep recession.
The economy had slowed and was on the verge of a deep recession.
Surely, an exit from the eurozone and a subsequent currency devaluation would be traumatic for both countries, likely leading to a deep recession.
«Deep recessions will occur, but the majority of episodes of recessions of sequential negative growth are likely to be shallow, and less painful.»
The country faced a deep recession in the late nineties, and has struggled to recover from the current global economic crisis.
«2015 was hardly the best of times for Alberta and Saskatchewan, but the underlying strength of Ontario and Quebec helped prevent Canada's economy from sinking into a deeper recession.
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