Sentences with phrase «economic recession because»

«Your appointment is critical at this time of economic recession because the local government is the closest to the people.
Growth stocks will have sold off sharply in an economic recession because investors stampede for the exits on anything with a little risk.

Not exact matches

That means a recession can end for a time but come roaring back because of another economic shock.
Household purchases account for 57 per cent of Canadian GDP, a rising share of economic activity since the Great Recession of 2008 because business - to - business purchases, business investment and exports haven't found their mojo since.
Similarly, in 2001's economic dip, women's job losses accounted for only 14 % of total layoffs, largely because women overwhelmingly work in recession - proof industries such as health care, education and the public sector.
LONDON — One of the Bank of England's most senior policymakers has acknowledged that the central bank is unlikely to predict the next financial crisis or even the next recession in the UK because economic models are simply not good enough.
And Peter Garrison, a banking expert with Greenwich Associates, which researches financial institutions, recommends exploring nonbank providers because of the interest - rate and recession risks of today's economic climate.
He said the difference might be because new infrastructure added during times of economic growth - new homes, roads or factories - is still used during recession.
The first group of so - called debt hawks sees another Great Recession coming and wants national governments to focus on austerity programs aimed at deficit reduction because rising sovereign debts are behind our current economic woes.
Canada has posted some of its weakest economic growth outside of a recession over the past couple of years in part because business investment sunk along with the price of oil.
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.
The trend worries economists because new businesses play a vital role in creating jobs, improving productivity and spurring economic growth; some researchers believe the decline in entrepreneurship, and in other measures of economic dynamism such as labor mobility, could be part of the reason the U.S. has experienced such a slow bounceback from the past two recessions.
Let me share a comment from Dr. Hall, which will put this GDP fantasy to bed (You can read his full comments on the «recessions» page of www.nber.org (click here) He writes: «Because a recession influences the economy broadly and is not confined to one sector, the committee emphasizes economy - wide measures of economic activity.
Tough economic times such as this recession have meant that taxpayers need to pay more attention to these chances because they could affect your finances quite a bit.
«During the recession and in its aftermath fewer people voluntarily left jobs because the chances of finding a new or better one were low compared to a healthier economic cycle,» says Rosemary Haefner, vice president of human resources for CareerBuilder.
Economic contraction in the U.S. and Europe in the early and mid 1970s did not lead immediately to economic contraction in what were then known as LDCs, largely because the massive recycling of petrodollar surpluses into the developing world fueled an investment boom (and also fueled talk about how for the first time in history the LDCs were immune from rich - country receEconomic contraction in the U.S. and Europe in the early and mid 1970s did not lead immediately to economic contraction in what were then known as LDCs, largely because the massive recycling of petrodollar surpluses into the developing world fueled an investment boom (and also fueled talk about how for the first time in history the LDCs were immune from rich - country receeconomic contraction in what were then known as LDCs, largely because the massive recycling of petrodollar surpluses into the developing world fueled an investment boom (and also fueled talk about how for the first time in history the LDCs were immune from rich - country recessions).
Because of this long history, we know for a fact that stocks and bonds have low or negative correlations with gold, particularly during periods of economic 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.
That is now unlikely because the downturn in the economic cycle (Canada is now in recession) will work against the aspirations of the politicians.
Now there are times that the yield curve is inverted because we are predicting a slowdown in the economy but I don't think, you know, here we are into the eighth year of economic expansion, ninth maybe, and it doesn't really seem to be any particular reason that that economic expansion is going to die any time soon, so the traditional inverted yield curve «we're about to go into recession» I don't see.
We are going into a new economic depression — not just a «Great Recession» — because most spending is now on finance, insurance and real estate, not on goods and basic services.
Elimination of the French, of course; but also an economic recession, the establishment of a dictatorial state, a false and altogether regressive socialism, and the condemnation of all who had participated in the violent struggle, because they proved completely unfitted for conducting a rational government.
«It is a well - known fact that the country is facing some kind of economic recession, our state is badly affected because we do not have Internally Generated Revenue (IGR) due to the prevailing insurgency,» Umara said.
Clark said the budget process has become a little more difficult for legislators because of the rising deficit, which this year, fueled by the economic recession, totaled $ 9.6 billion.
«The failure of local government councils to meet their financial obligations arose principally because of the unexpected economic recession.
Wilkinson noted that her study — which included individuals from ages 51 to 96 — differs from many others on the Great Recession because «financial strain» is a subjective measure that was based on self - reporting rather than on economic indicators.
In fact, the economic output that is lost because of poor education policies and practices leaves many countries in what amounts to a permanent state of economic recession — and one that can be larger and deeper than the one that resulted from the financial crisis at the beginning of the millennium, out of which many countries are still struggling to climb.
«We've gotten through these really rough economic times, and because we've gone through this recession, we've seen the benefit of a defined - benefit plan,» Mr. Clemens said.
The move is important, analysts say, because Europe's economic quagmire is causing a high degree of uncertainly in world markets including the U.S., which is just recovering from its own recession.
Actual results may differ materially from those expected because of various known and unknown risks and uncertainties, including, but not limited to, the continuing effects of the U.S. recession and global credit environment, other changes in general economic and industry conditions, the award or loss of significant client assignments, timing of contracts, recruiting and new business solicitation efforts, currency fluctuations, and other factors affecting the financial health of our clients.
To cap off the bad news, the economic slowdown of 2008 - 09 hit the company's profits hard because Canadians thought twice about buying new leather coats in a recession.
Economic recessions are dreaded because they thwart progress toward financial abundance.
The risk of default by borrowers that issue below investment - grade securities is significantly greater than other borrowers because these borrowers are often highly leveraged and more sensitive to adverse economic conditions, including a recession.
Older Americans may also be delaying retirement because of lost savings during the Great Recession or because of insufficient savings even before the economic downturn.
For example: during the Great Recession, high - end properties in Boston did not move with the rest of the housing market; they stayed high, probably because anyone who could afford them was making different economic decisions across the board.
City animal control facilities have been overrun with stray animals or animals abandoned because of our economic recession.
In June of 2009, passage of meaningful climate legislation in the Senate was already unlikely, because of the terrible economic recession in which the country found itself, and — of even greater political salience --- lingering high rates of unemployment.
somewhere he wrote that we should «spend our way out of recession», which is obviously nonsense because overconsumption is the exact reason, not salvation of the economic crises.
Any lessening of our carbon budget is mainly due to lower economic activity because of the recession and in part through exporting our heavy and manufacturing industries overseas.
The seven companies that made the 10X list were given this moniker because all of these companies had one thing in common: Every 10X company beat its industry index by at least 10 times, even during worldwide economic challenges and recessions.
For example, the economic recession made renting popular because it is a more affordable housing option.
«In this on - going economic recession, it is difficult to bring up negotiable types of benefits to a prospective employer because there is such an incredible amount of qualified candidates available,» Quast says.
Resume writers who joined the industry during the economic recession sometimes did so because they saw a need during the downturn.
Because these events aren't necessarily tied to the economic cycle, the industry «isn't recession - proof, but it is recession - resistant,» says Ryan Burke, an analyst at real - estate research firm Green Street Advisors.
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