Sentences with phrase «economic slump»

The phrase "economic slump" refers to a period when the economy of a country or a region is experiencing a decline or slowdown. It means that there is a decrease in business activities, people are spending less money, unemployment may increase, and overall economic growth is slower or negative. Full definition
With this current economic slump, it is crucial to make wiser decisions, especially when it comes to our finances.
A lot of insurance companies today are shutting down due to the recent economic slump.
Even a decline in real GDP of 2 per cent, which would be a major economic slump, could be managed.
«At a time of economic slump and people casting around for an alternative, that elite will only feel secure when they can dance on the grave of trade unionism,» he added.
Suffering economic slumps in the 60s and 70s, Bushwick was finally eviscerated by widespread looting and arson after the 1977 power outage in the New York City area, resulting in blocks of abandoned buildings, empty lots, and open - air drug supermarkets.
«When a stock market decline coincides with a fairly sizeable economic slump as happened in 1937 - 38 or 1957 - 58, most stocks sell off from 35 to 50 percent.
Commodity indexes are confirming a global economic slump and the potential for deflation.
A report by a policy think tank finds that 500,000 job opportunities were lost in New York in the three year long economic slump, representing a total income loss of $ 31 billion dollars a year.
The near future sees Japan wracked by economic slumps and the attacks of no - good commie terrorists known as the Red May.
The law passed in 1930 and was a key factor in a trade war that deepened the worldwide economic slump.
«If this crisis is not resolved, another serious economic slump on the continent might well be in store.
DiNapoli says the ongoing economic slump and continued downsizing in the securities industry means that Wall Street revenues account for just 14 percent of the budget now.
Utah's per - pupil spending fell by more than all but a dozen states during the latest economic slump, dropping the Beehive State — which already spends less per student than any other state — even further behind the national average, according to a new analysis.
Such a proposal would face heavy opposition; Mortgage Bankers Association President David Stevens has warned that the absence of a government guarantee would hurt the availability of 30 - year fixed loans and that Washington's participation is needed to ensure that the mortgage market still functions during deep economic slumps.
Cuomo pledged that New York officials will share their expertise in areas including economic development and health care and step up political pressure as the island seeks more equal treatment from the U.S. government to emerge from a nine - year economic slump.
Japan — the world's second largest economy — has been largely stagnant for 18 years, and has renewed their downward economic slump via a recently announced recession.
With his backing, the policy chief will be able to resist his critics into 2016 before the worsening economic slump eventually forces him to capitulate, according to Standard Chartered Plc and Bank of America Corp. «They could probably hold out for at least six months, maybe even a year,» said Ayodele Salami, chief -LSB-...]
When The Wall Street Journal / NBC 4 New York / Marist last reported this question, 74 % thought Cuomo inherited New York's economic slump while 17 % said the state's economic conditions are mostly a result of his own policies.
The U.S. economic slump has hit the lab bench.
Mary Poppins Returns, directed by Rob Marshall (Into the Woods), picks up 25 years after the events of the first film, fast - forwarding to London's mid-1930s economic slump, the actual time period of Travers» books.
The PASBO / PASA survey was delivered electronically to all 500 school districts to determine the impact of the FY 2012 - 13 enacted state budget and the continuing economic slump on the Commonwealth's school districts.
«Federal Reserve Chairman Ben S. Bernanke signaled he's ready to cut interest rates to the lowest level on record should the central bank's actions fail to stem the deepening economic slump.
Still, Douthat tries desperately to claim that, in following his party where it leads, he is merely responding to the changed circumstances of the post-2008 economic slump.
Overwhelming debt can begin with job loss, illness or injury or a statewide economic slump.
Economic Slump Fuels Resume Company's Growth; Benefits Workforce NORTHBOROUGH, Mass, February 25, 2008 — Pongo Resume, the premier full - service online resume - building resource that provides a suite of tools to help job seekers market and manage their career lifecycle, today announced the company has experienced record - breaking revenue growth since its inception in 2004.
The amount of equity almost always grows in a home over the years, although regional economic slumps or overbuilding might result in a temporary dip in prices.
«At a time of economic slump and people casting around for an alternative, that elite will only feel secure when they can dance on the grave of trade unionism.
«Rich with detail of the decision - making process in Washington and indelible portraits of the major players, The Courage to Act recounts and explains the worst financial crisis and economic slump in America since the Great Depression, providing an insider's account of the policy response.»
We asked him to share his ideas for how Calgary can recover from its current economic slump and reinvent itself:
SAN JUAN, Puerto Rico (AP)-- Puerto Rico's Department of Education announced Thursday that it will close 283 schools this summer following a sharp drop in enrollment amid the island's long economic slump and the continued departure of families after Hurricane Maria.
The recent economic slump was actually milder and shorter than Canada's two previous recessions.
Since the banking crisis shook global markets more than two years ago and contributed to a worldwide economic slump, the annual Davos summit has invited dozens of religious and spiritual leaders to hash out issues like business ethics and the morality of markets in the company of presidents and corporate titans.
DiNapoli says the ongoing economic slump and continued downsizing in the securities industry means that Wall Street revenues account for just 14 % of the budget now.
But there are some notable similarities with America's latest economic slump.
You can blame those trends on a deep economic slump that's pulled the rug out from under long - held jobs, home values and retirement accounts.
The Fed lifted rates from near zero last December — the first rate hike in nearly a decade — but has since stood pat given an economic slump at home and volatile markets overseas.
You may have set your sales figures too high when the economic slump hits your business.
Cities and states across the country are working hard to overcome the double whammy of an economic slump and a fiscal budget crunch.
On the one hand, the economic slump in Europe forced American manufacturers, who have become increasingly export - dependent over the past three decades, to look for business elsewhere.
As the United States continues to crawl out of its economic slump, women are emerging as key drivers in new business creation, according to new research.
Like many U.S. grocery chains, Safeway wanted to improve its private - label offerings during the economic slump, when consumers were eager for brands that offered better value.
But it's struggling to turn a profit, lacks some advantages of traditional banks and has yet to be tested by an economic slump.
Mr. Rajoy said official data suggest the economic slump will continue and gross domestic product growth would be closer to zero next year.
The longer our economic slump lasts, the deeper they'll be.
With more markets available to them, companies who do business globally are also better able to weather seasonal sales dips or economic slumps.
But the former Massachusetts governor also defended Wall Street and said the financial sector is not entirely to blame for the nation's economic slump.
The relationship between the Conservative prime minister and his Lib Dem deputy is far from functional, as issues of an economic slump further add to their strains.
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