Sentences with phrase «during the great recession in»

He sold off shares during the Great Recession in 2008 and 2009 to fund other purchases.
During the Great Recession in the United States, the company started to offer its first hospital insurance coverage to protect families.

Not exact matches

There was even a recession during the Great Depression, say economists — and at the time it was the worst recession in the nation's history.
The good news is that lenders have opened the spigot in the past few years, and more capital is flowing to companies than it did during the Great Recession.
«The great thing about being in L.A. during the recession is that studios keep putting out movies,» Pettigrew says.
While the Big Three automakers in Detroit nearly collapsed during the Great Recession, they have rebounded, says Setar.
Still, much of the brisk business overall reflected the abundance of deals, showing that shoppers are as bargain - hungry now as they were during in the first years after the Great Recession, if not more.
Still, the temptation now to use historically low - interest money from mortgages, personal credit lines and 401 (k) plans to invest in the stock market is great, especially as the Dow is reaching historic heights at more than 26,000 — a milestone unfathomable in 2009, during the Great Recesgreat, especially as the Dow is reaching historic heights at more than 26,000 — a milestone unfathomable in 2009, during the Great RecesGreat Recession.
When Bank of Canada governor Stephen Poloz took up his post in the spring of 2013, he assumed «animal spirits» would soon spur the founders who lost companies during the Great Recession to start new ones.
Goldman Sachs is the fifth bank to reach a multibillion - dollar settlement with the Department of Justice in relation to subprime mortgages during the Great Recession.
The disappointing trends of the Great Recession and its aftermath come on the heels of the weak labor market from 2000 - 2007, during which the median income of non-elderly households fell significantly from $ 68,941 to $ 66,575, the first time in the post-war period that incomes failed to grow over a business cycle.
He started Stratos in 2008 on his own during the Great Recession, and it now has more than 180 financial advisors in 22 states across the country.
This has been one of the most cited stats in the public debate during the Great Recession.
Small - business owners remain much worse off financially than they were before the Great Recession because they suffered a particularly deep drop in income during the economic downturn.
But you might remember him better for his appearance at a congressional hearing during the Great Recession where he pledged to take an annual salary of $ 1 and cut bonuses for management in the wake of a $ 14.6 billion company loss in 2008.
There are no sleeping beauties in the revised tale: if the factory in your community closed during the Great Recession, it is likely staying closed.
As a share of the economy, deficits are currently 3.1 percent of GDP and will reach 5.0 percent of GDP in 2027 and 9.0 percent of GDP within three decades — higher than any time except for 5 years during World War II and the Great Recession.
As I mentioned earlier, business investment collapsed during the Great Recession, and its much - weaker - than - expected recovery since, despite historically low financing rates, has been a major source of disappointment in advanced economies.8
The Congressional Budget Office estimates that through increased transfer payments and reduced taxes, automatic stabilizers provided significant economic stimulus during and in the aftermath of the Great Recession of 2007 - 2009, and thereby helped strengthen economic activity.
Second, fluctuations in business investment can drive the business cycle — roughly 50 per cent of the movements in quarterly GDP during the Great Recession and its aftermath were due to shifts in business investment.
Awash in Liquidity The second round of quantitative easing, known as QE2, follows the Fed's purchases of nearly $ 2 trillion of bonds during the Great Recession.
Note in the following graph how its profit turned negative in 2009 during the Great Recession.
The increase in the risk premium during the Great Recession reflected the role played by housing and mortgages.
The four states with the largest increase in food stamp usage during the Great Recession were Arizona, Florida, Idaho, and Nevada.
The market volatility is spectacular and we are seeing more gyrations in this recession than we did during the Great Depression.
During that time, Paine and his crew captured the ups and downs of electric vehicles» development amid the Great Recession — when GM went bankrupt and its executives made the blunder of flying to Washington, D.C., in private jets to seek federal bailout money; when Tesla Motors almost missed payroll, having built only 100 cars and spent $ 100 million; and when Nissan chief Carlos Ghosn was grilled by the press about the $ 6 billion gamble he was taking on the Leaf.
For more than a brief moment during the Great Recession, it appeared the fate of the Big Three automakers was in jeopardy.
Kite went public on August 10, 2004 (over 13 years ago), and as evidenced by the snapshot below, the company grew rapidly and was forced to cut its dividend during the Great Recession, from $ 3.28 per share (in 2008) to $ 0.96 per share (in 2010).
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.
But they said automakers» incentive spending in the United States in the first half of March had hit a record for the month, breaking the previously set mark in March 2009 during the height of the Great Recession.
Wall Street hedge funds and investors have been gobbling up affordable homes and turning them into rentals, in many cases renting them out to the same people who were foreclosed on during the Great Recession.
Reid says such workarounds are far more common today than even just a few years ago, during the Great Recession, because the economic pain is confined to a single region and bank balance sheets are generally in good shape.
Unemployment topped out at 10 % during the Great Recession but now sits in the low 4s.
Typical new home size falls prior to and during a recession as home buyers tighten budgets, and then sizes rise as high - end homebuyers, who face fewer credit constraints, return to the housing market in relatively greater proportions.
In addition, as its products are essential to consumers, the company has always exhibited great performance during recessions.
Being the regulating body for the financial intermediaries in Australia, much of its reputation may be attributed to the fact that the body ensured that the banking system in the country experienced no negative growth, during the Great Recession that was experienced in the country in 2009.
A more recent example of expansionary monetary policy was seen in the United States during the Great Recession.
Texas A&M researchers used the Panel Study of Income Dynamics from the University of Michigan to find that while charitable giving in America understandably fell during the Great Recession, it has actually continued to decline, even as the economy has stabilized.
I know many women in long - term marriages who did not look down on their husbands during the Great Recession and he lost his job (or had it significantly reduced).
In Michigan's 11th District, Haley Stevens compared her decision to run against Republican Rep. Dave Trott to one she made during Great Recession to work as chief of staff for the Treasury Department's Auto Task Force during the bailout of her home state's auto industry.
Adding back temporary federal stimulus funds used to supplement state funds in each of the last three years, state operating spending under the new budget is up a whopping 8.4 percent over 2007 - 08, although both personal income and private - sector economic activity in New York has dropped sharply during the Great Recession.
His budget director, Robert Mujica, said the number of millionaire - earners in New York has actually grown since the surcharge went into effect in 2009 during the Great Recession.
New York fared better during the Great Recession when it came to private - sector unemployment and job creation, compared to other large and neighboring states, the Rockefeller Institute found in a study.
«But many have not made much progress in recovering from damage they suffered during the Great Recession and now they are struggling to help their students with problems that start outside of school.»
County Executive Molinaro said, «During almost a quarter - century of service to Dutchess County, Valerie Sommerville has seen significant change in our national and local economic climate — including the Great Recession and its continued lingering impacts.
That was created in 2010 to take a slice of school aid increases to help shore up diminished tax revenue for state operations during the Great Recession.
In combination with the data on when the specimen was collected, the results tell the tale of coal use in the United States; rising from the late 1800s and falling during the Great Recession; then increasing again through the middle of the century until legislation in the»50s,»60s, and»70s set limits on air pollution, The Washington Post reportIn combination with the data on when the specimen was collected, the results tell the tale of coal use in the United States; rising from the late 1800s and falling during the Great Recession; then increasing again through the middle of the century until legislation in the»50s,»60s, and»70s set limits on air pollution, The Washington Post reportin the United States; rising from the late 1800s and falling during the Great Recession; then increasing again through the middle of the century until legislation in the»50s,»60s, and»70s set limits on air pollution, The Washington Post reportin the»50s,»60s, and»70s set limits on air pollution, The Washington Post reports.
«We became interested in studying the effects of economic downturns on public spending during the Great Recession of the late 2000s, when media outlets were filled with stories about states cutting optional Medicaid benefits, increasing school class sizes and reducing course offerings,» said Ho, who is also a professor of economics at Rice and a professor of medicine at Baylor College of Medicine.
During the Great Recession, a period of global economic decline that began in 2007, women in the U.S. lost jobs early on.
Lead author Dr Aaron Reeves, of Oxford University's Department of Sociology, said: «There has been a substantial rise in suicides during the recession, greater than we would have anticipated based on previous trends.
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