Sentences with phrase «official end of the recession»

Kids Count reported, «The effects of the recession, which was the longest on record since World War II, persisted well past the official end of the recession and are only just beginning to decline at the national level.»

Not exact matches

The National Bureau of Economic Research — an independent group of economists — is charged with the official proclamation of a U.S. recession's end.

They are the maximum and minimum effective federal funds rates in any given month spanning from 6 months before the recession began to 6 months after the recession ended, with only one exception: the end period extends to only the official end of the 1980 recession in July of 1980, and not 6 months afterwards, because rates began rising afterwards and including those months would have made the drop appear larger than it actually was.

It's important to understand that the USCI isn't a random concoction of data, but rather the gold standard for measuring current economic growth, as it summarizes the key coincident economic indicators used to determine the official start and end dates of U.S. recessions; namely, the broad measures of output, employment, income and sales.

The share of Americans in collections has remained relatively constant, even as the country as a whole has whittled down the size of its credit card debt since the official end of the Great Recession in the middle of 2009.

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.

Upstate cities, as well as suburban counties, face severe fiscal stress that have only been deepened in the wake of the financial crisis and slow - growth recovery following the official end of the economic recession.

New York ranked 17th in the nation in the percentage increase in jobs between June 2009 (the official end of the most recent recession) and June 2014 (the most recent month for which data is available), according to an Associated Press calculation of Bureau of Labor Statistics data.

Thirty months after the official end of the Great Recession, property managers are jostling for a flurry of new assignments amid reviving commercial real estate investment sales, an uptick in mergers and acquisitions, and uncertainty surrounding the fate of beleaguered Grubb & Ellis Co..

The last time consumer spending increased at a faster pace was in August 2009, just after the official end of the Great Recession.