Sentences with phrase «last economic recession»

That would put default rates above where they were during the worst part of the last economic recession.

Wells wrote the story after the last economic recession in the early nineties.

Not exact matches

While in Toronto last month to speak at the Economic Club of Canada, Pichette discussed what the recession and the recovery looked like for Google, and implored Canadian companies small and large to up their investments in digital advertising.

The shopping holiday, sandwiched between big retail, favoring Black Friday and Cyber Monday, was founded in 2010 by American Express to benefit America's small businesses, hurting from the economic recession of the last decade.

But the team at Economic Cycle Research Institute (ECRI) in New York City has predicted three of the last three recessions.

On that note, let's look at the report released by the Bureau of Economic Analysis last week highlighting the fact that our recession ran deeper then and, in my opinion, continues to significantly impact us now:

That's why a brightening economic picture in 2013 (U.S. GDP grew by an average of 3.4 % in the second half of 2013 and job growth was the highest since the end of the recession) helped improve TravelCenters» performance and stock last year.

These indicators have not surpassed their highs from the last economic expansion, Sonders said, and recessions happen when there are excesses in the economy, such as high inflation or surplus inventories.

Slower growth — a function of structural changes such as an aging society — means economic slack created in the last recession is being eroded at a sluggish pace.

«We still expect a long lasting economic expansion of moderate growth, which should rival the US record of 10 years with S&P EPS growth averaging 6 % until the next recession, on 5 % sales growth, flat margins, 1 % share shrink,» Bianco wrote.

Whatever the arguments about fiscal policy's effectiveness in countering deep and lasting recessions, of a kind the world faced in 2008, it was never envisaged that it should be wheeled out the minute economic growth fell below two per cent.

They have risen 65 percent in the last nine years, despite an economic recession.

The economic recession at the time put a further damper on investors» confidence and the S&P 500 endured a nasty losing stretch lasting well over a year and half, shedding upwards of 35 % in that time frame.

Here are the last few paragraphs in the aforelinked article, dealing with the financial crisis and economic recession of the early - to - mid 1890s:

Due to the global economic slowdown last year and the very strong U.S. dollar and Chinese yuan, we experienced a significant earnings recession for the S&P 500 and other major global equity markets.

Last week was not a crash, though a free - fall appears increasingly possible, as the reality of emerging recession (and all that it implies for fresh credit risks, sovereign defaults, fiscal imbalances, banking strains and other problems) will likely smash against the consensus view of economic expansion in next few months.

And Americans» support for meritocratic principles has remained stable over the last two decades despite growing economic inequality, recessions, and the fact that there is less mobility in the United States than in most other industrialized countries.

Prices are no longer soaring ahead like they were prior to the last recession, when heady global economic growth was pushing energy prices to record highs.

A recession is sometimes technically defined as two consecutive quarters of economic contraction, however, many economists define such a pullback in growth as a significant fall in activity across the economy that lasts more than a few months.

The data is unambiguous on current economic conditions - GDP growth in the last quarter of 2015 was a meager 2.11 % with full year growth of 2.79 % according to the National Bureau of Statistics (NBS); inflation rose sharply to 11.4 % in February with prospects of reaching 12 % by March; capital markets have remained bearish; according to UNCTAD Nigeria's FDI fell by 27.7 % to $ 3.4 billion in 2015, and on current trends may fall even more precipitously in 2016; the de facto exchange rate of the Naira for most producers and consumers is now N322 / $ even though CBN maintains a nominal N197 / $ for privileged persons; several economic sectors - construction, government, manufacturing, oil and gas and hotels and restaurants are in recession or barely out of it; government's official foreign reserves is down to $ 27.8 bn; and unemployment and under - employment rates have worsened 10.4 % and 18.7 % by the end of 2015.

Labour's economic recordThe actions taken by the Labour government has ensured that during the biggest economic crisis in over 60 years, the number of York people claiming unemployment benefi t in December 2009 was still 45 per cent less than under the last Conservative recession.

At the same time, many have claimed that this reversal of fortune was not though, without negative side - effects: excessive economic growth caused the economy to overheat, precipitating a recession that lasted into the mid-1990s with borrowing rising to # 59.4 billion in 1993 - 1994.

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.

Queens is a bright spot in a state still reeling from the country's economic recession, state Comptroller Thomas P. DiNapoli told a Queens College's business forum breakfast last week.

While middle and working class Americans have been devastated by Great Recession, the wealthiest have done just fine, while their tax burden remains the lowest it's been in over 40 years.The last few months have seen the emergence of a counter-narrative which focuses attention on economic inequality and a tax system in New York State out of kilter with notions of fairness and equality.

But there is a risk that construction will fall into the same trap as the last recession and lose the people it needs to respond to economic recovery», said Michael Brown Deputy Chief Executive at the CIOB.

Concerns about the slow rate of economic recovery from the recession, which has seen GDP growth broadly stagnate in the last three quarters, are unlikely to disappear soon.

High January 26th: End of the recession - But this good economic news, anticipated for so long by those in government, was dampened by the sad fact economic growth in the last quarter of 2009 only amounted to 0.1 % of GDP.

«Claiming that Nigeria is out of economic recession without any corresponding effect on the living condition of the people is just like they said Boko Haram had been defeated and over 400 people were killed by the insurgents in the last five months,» Fayose said.

The Abuja Chamber of Commerce and Industry has stated that the ongoing economic recession of Nigeria will last for five years.

- last year, while my firm predicted a recession and while I was publishing «economic red flags» and «how to decommission an economy» on these pages, in January 2016 they both predicted GDP growth of 4.1 % and 4.6 % respectively!!!

As of last month, six years after the Great Recession began, Clinton said the U.S. has recovered the jobs lost during the economic slump.

The Vice-President, Prof. Yemi Osinbajo, has said the economic recession facing the country will not last until 2020 as predicted by a Senior Advocate of Nigeria, Olisa Agbakoba.

«At a time when other businesses are recovering from the economic recession and are steadily reinvesting in their work, North Carolina has failed to reinvest in its schools,» said Jim Merrill, Wake County Schools Superintendent, this time last year.

Last year, McKinsey & Company released an analysis that concluded the nation's achievement gaps have imposed «the economic equivalent of a permanent national recession» on America.

Spain has suffered a severe economic recession for the last several years, which has led to a dramatic decline in print sales, approximately 30 - 40 percent.

By Financial Sense: By Cris Sheridan Last month I argued that there was «Still No Sign of a Bear Market» with four charts displaying the following: Strong upward trend in leading economic data Low probability of recession Low...

The chance of a recession has increased as new economic data has been released over the last two weeks.

OTTAWA — The Bank of Canada is maintaining its key interest rate at one per cent, where it's been for more than three years during a weak economic recovery from the last recession.

The BoC's decision has been the subject of much debate — recent low interest rates were intended as an economic stimulus coming out of last year's recession, and some economists have been arguing that rates should stay low for the time being as a measure of protection against global market turmoil.

As of last week, the Market Climate in stocks remained negative, with our economic measures still solidly anticipating an oncoming recession.

In a sense, a recession is always ahead, as no economic expansion lasts forever.

Returning to Australia... The Australian banks are an excellent group of companies that: (i) are domiciled in a country with very high GDP per capita with excellent / extremely consistent economic performance (high GDP growth / last recession in 1991); (ii) have mid-teens ROE, near the top globally among developed economies; (iii) retain some of the highest capital ratios in the world (~ 15 % CET1 ratios, vs. Canadian banks at ~ 11 %); and finally (iv) have very high and reliable dividend yields (between 7 - 9 %, generally).

We don't know how deep the economic recession will cut or how long it will last, but one thing is certain: This is no time for pet retailers to hunker down and adopt a bunker mentality.

Since last fall, a fog of uncertainty has blanketed New York's art world as galleries, artists, and collectors have tried to make sense of the current economic recession.

Speaking in Tokyo last week, President Obama extended this problem to its logical conclusion, calling for rebalanced growth and a new U.S. economic strategy based on exports: «One of the important lessons this recession has taught us is the limits of depending primarily on American consumers and Asian exports to drive growth... [our] new strategy will mean that we save more and spend less, reform our financial systems, reduce our long - term deficit and borrowing.

Noticing Bonnie's recent post on the UK's Financial Times suggesting brown bagging your lunch to work is a sound move in these uncertain economic times, reminded me of Amanda Congdon's recession tip last month of drinking from

Our success in handling professional indemnity claims is reflected in the significant volume and variety of claims resolved during the course of both the last recession in the early 1990's and again in today's very difficult economic climate.

Last year people were hoping things would continue to improve since the recession» said O» Grady,» and these figures certainly point towards another year of positive economic growth in Canada.»

In case you missed last Monday's headlines, the announcement by the National Bureau of Economic Research made it official: we're in a recession.