It also mentioned that governments might be inclined to organise referenda to counteract the «perception that the EU is an «elite - driven» project,» as it notes that notion has been lingering since the start
of the recession as «voters increasingly associat [e] the EU project with austerity, rather than a source of union and prosperity.»
That might get in the way of the Goldilocks theme in the coming weeks, but we don't have strong directional expectations about the economy at present, and we don't observe markers
of recession as yet.
Bridgewater Associates founder Ray Dalio recently said he sees a growing chance
of a recession as the U.S. enters a «pre-bubble stage.»
He had made a deal to spend money to bail the US out
of a recession as long as Congress agreed to cut spending back to normal levels as soon as the recession was over (Keynesian ideal).
His Left - wing rhetoric will alarm many Conservatives and business leaders, who point out that the Coalition is asking the private sector to take the lead in hauling the economy out
of recession as the public sector is cut back.
No matter how you slice it, public school resources have been reduced in recent years, even if you accept the depths
of a recession as a valid point of comparison.
Experts attribute the 2008 sub-prime mortgage crisis and the economic reverberations
of the recession as the primary reasons why less people are becoming first - time buyers.
Although the economy might not be in the thick
of a recession as it once was, that doesn't mean things are going especially great for videogame publishers.
Depicting a blazing inferno of dollar signs, these works hinted at the rebranding
of the recession as a mere «credit crunch», displayed on the very doorstep of the institutions responsible for our financial well - being.
I read somewhere that economists no longer speak in terms other than «growth,» that our society's obsession with growth has led them to characterize periods
of recession as «negative growth.»
Half of the respondents in this year's Compliance Horizon survey, now in its second year, cited the threat
of a recession as the biggest risk facing their business in the year ahead (53 %), with Brexit their second biggest concern.
Not exact matches
The
recession of 1973 - 1975 in the U.S. came about because
of rocketing gas prices caused by OPEC's raising oil prices
as well
as embargoing oil exports to the U.S..
Carla Harris, chair
of the National Women's Business Council, suggests that women
of color may have been more likely to have been laid off during the beginning
of the great
recession, and so may have been more likely to need entrepreneurship
as an alternative way to make a living.
The September 1 Gross Domestic Product release will be the one that will let us know whether or not we are in a
recession, at least by the semi-official definition
of «a period
of at least two consecutive quarters
of negative growth in real gross domestic product for Canada,
as reported by Statistics Canada under the Statistics Act.»
Since the
recession ended in mid-2009, the economy has been expanding at sub-par rates
as a string
of problems from higher gas prices to Europe's debt crisis have acted
as a drag on the U.S. economy.
Some predict a
recession due to the changes proposed, while others declare the end
of entrepreneurship
as we know it.
There hasn't been an official case
of that transition yet, but
as noted above, the 1937 - 38
recession helped prolong the Great Depression.
Casino operators agreed to raise wages during the last round
of negotiations in 2013
as the city was coming out
of the
recession.
And
as we are past mid-cycle in this expansion, the shadowy outlines
of that
recession are in my opinion beginning to take shape.
The following chart compares business fixed capital investment — money that's put into things such
as plants and machinery — in the wake
of the last three
recessions.
In 2008,
as the Great
Recession loomed, Frankfort doubled down on store expansion, broadened its lower - end collections with bags made
of cheaper fabric, and added far more products carrying Coach's «C» logo.
If the U.S. slips into
recession, we'll lack the option
of lowering taxes or increasing spending on infrastructure, for example,
as tools to revive growth.
Finally,
as I have noted a number
of times before, my biggest fear about the next
recession is that it leads to actual wage deflation (nominal
as well
as real):
In his six years
as Mayor
of Calgary, Naheed Nenshi has dealt with his fair share
of damage control, from catastrophic flooding in 2013, wildfires this spring in the neighbouring communities, and the ongoing fallout from the province's
recession.
On Dec. 7, the Bank
of Canada endorsed negative interest rates
as a viable emergency stimulus measure, a significant shift that demonstrates the extent to which monetary policy has evolved since the Great
Recession.
As CEO and chairman of Cisco, Chambers guided the company through the dot - com bubble and bust as well as the recessio
As CEO and chairman
of Cisco, Chambers guided the company through the dot - com bubble and bust
as well as the recessio
as well
as the recessio
as the
recession.
2013 EPS: $ — , «This path leads to very sluggish GDP, on the border
of a
recession, and an accompanying weak earnings picture
as well.»
This spring,
as the tech industry is soaring out
of the Great
Recession, plans are in the works for a flurry
of massive, perk - laden headquarters.
The majority
of banks and economists have forecast a UK
recession in the wake
of Britain's shock decision to leave the European Union,
as investment and trade suffer from the uncertainty around the country's future.
All that value can disappear pretty quickly,
as the collapsing
of the Dotcom bubble and the Great
Recession have taught us.
The number
of middle - class thieves grew this year, too,
as those hit hard by the
recession tried to keep up with the Joneses.
The 20 - year period from 1977 to 1997,
as this encompasses a variety
of macro-economic conditions: five years
of stagflation and two back - to - back
recessions (1977 - 1982), strong growth from 1983 to 1990, a mild
recession in 1991, and growth from 1993 to 1997.
Besides listing obvious information such
as revenues and assets, Weiss also evaluates the riskiness
of various types
of insurer investments, then draws conclusions about the insurer's current level
of financial strength
as well
as its ability to withstand a severe
recession.
He was referring to a prediction he had made nine months earlier that, before the
recession was over, media companies would experience a decline in advertising revenue
of as much
as 40 percent.
Neil Dutta, the head
of US economics at Renaissance Macro Research, spoke to Business Insider executive editor Sara Silverstein about what he sees
as very low odds for a
recession.
Ontario could be accused
of hypocrisy,
as its manufacturers decried so - called Buy American provisions in U.S. stimulus efforts during the
recession.
Reaching customers became easier during the
recession as the cost
of advertising time dropped, meaning companies could buy more ads.
As a result
of this diversification, Virgin has been able to weather the storm
of the
recession.
While the probability
of a trigger, such
as a severe
recession, remains low, the bank said the severity
of such an event has increased since its December assessment.
The airline's spending spree was a rare bit
of good news for the planes» manufacturers
as they struggled to thrive in a rough
recession.
In addition to covering the full range
of investment opportunities, the book features new material on the Great
Recession and the global credit crisis
as well
as an increased focus on the long - term potential
of emerging markets.
Many believe this «coupon comeback» is the result
of the 2008
recession, increased access through digitization
of the offers,
as well
as pop - culture shows about «extreme couponing.»
But Italy's current debt load is quite high, and the country's leaders surely won't relish the opportunity
of going into the next
recession as the weakest and most indebted in the eurozone.
Since then, longer rates have come closer to being overtaken by short rates, a phenomenon known
as yield curve inversion, which has been a reliable precursor
of past
recessions.
They watched
as their parents struggled through the
recession due to decisions they made on the advice
of many different kinds
of financial professionals, and
as a result, they tend to seek out alternative methods for managing their money.
Rubio would roll back the Dodd - Frank banking act, which has imposed tighter regulations on the large Wall Street banks in the wake
of the
recession,
as part
of a push to decrease or eliminate government restrictions on businesses.
The National Bureau
of Economic Research, which officially makes the call on whether the US economy is in
recession, has its own criteria, but technicalities aside, few people will argue with a characterization
of the US economy
as being «in
recession» if we see two straight quarters
of negative growth.
On the whole, business leaders say that, given the global scope
of the
recession, the Conservatives have so far met the challenges
of improving the economy and managing the deficit
as wellas can be expected.
Not only did the vast majority Americans» net - worth tumble during the
recession, for 93 %
of households, it continued to slide during the first two years
of the recovery
as well, a recent study by the Pew Research Center found.
South
of the border, there's a lot
of attention being paid to the rich,
as President Barack Obama and some wealthy Americans like Warren Buffett call on the most affluent to pay a greater share
of taxes in that
recession - torn nation.