Sentences with phrase «officially in recession»

I see that mr. Boone, has run into trouble and right now oil is dirt cheap (let us see how long that lasts) but now that we are officially in recession (two consecutive quarters down) and the oil and gas companies boast record profits and the oil, natural gas, and coal resources will all last longer than 25 years by most projections (coal about a hundred years give or take a decade?)

The U.S. is now officially in a recession.

But Buhari has been keen to announce any positive news, with his government increasingly under fire for its handling of the economy, which is officially in recession.

The news Britain is now officially in a recession has hit the FTSE with shares plummeting 1.6 per cent this morning.

For an economy to be officially in recession it must shrink for two consecutive quarters.

Now the continuation of Kuroda's October 31 quantitative easing initiative — which came before a revelation in late November that Japan's economy was officially in recession again — is being called into question.

Not exact matches

The U.S. economy officially sank into recession in December of that year.

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.

Eleven months later, in December of 2007, the recession officially began.

Although the National Bureau of Economic Research officially called an end to the Great Recession in mid-2009, the years that followed were characterized by slow and uneven growth, with some analysts using the term «jobless recovery» to describe economic conditions.

Meanwhile, Greece, the third - largest weighting in the fund, has officially recovered after six years of recession.

Historical evidence suggests a better than even chance of an officially declared recession in the next three years.

RELEVANT: We're in a recession, officially now.

In 2001, when the economic recession officially began, the poverty rate rose for the first time in five years, to 11.7 percent of the population, or almost 33 million peoplIn 2001, when the economic recession officially began, the poverty rate rose for the first time in five years, to 11.7 percent of the population, or almost 33 million peoplin five years, to 11.7 percent of the population, or almost 33 million people.

On the subject of the economy, which officially entered a double - dip recession when official figures showed it shrank by 0.2 % in the first quarter of the year, Mr Miliband demanded the prime minister not offer another «excuse».

If, as expected, the final quarter of 2008 shows negative growth the country will officially be in recession.

All that is left for the economy to be officially classified as in recession is for a second consecutive quarterly negative GDP growth in Q2 2016.

Unemployment had been expected to continue to rise for 12 months following the end of the recession, which has still to officially end in the UK.

«The economy has started responding to these policy initiatives of the government as evidenced in the improvement and stability of the naira exchange rate; increase in the country's foreign reserves and the recent announcement by the National Bureau of Statistics NBS that the country has officially come out of recession.

The Great Recession officially began in December 2007 and lasted 18 months.

She starts off with 76: The percentage of teachers who report that their school's budget decreased in the last year (after the recession officially ended).

The grim economic news for states has yet to show much sign of getting better, even as some national indicators are beginning to suggest recovery from the recession that officially began in December 2007.

Yet while the overall climate for buying has improved, a little perspective is in order — spending on those items has still not returned to levels before the Great Recession, which officially ended in mid-2009, the report points out.

I personally don't think many areas of the country exited the recession despite our government telling us it officially ended several years ago — looking at the lack of adult behavior in Washington (no matter which party you prefer), and the out of control spending and debt and no plans to reduce it makes me think it's going to last a little longer — although I certainly hope I am wrong.

While the country's gross domestic product is set to shrink by 1.8 % overall in 2013, Portugal's economy expanded for a second quarter in the three months to September, meaning that the country is officially out of recession following 10 consecutive quarters of negative growth.

1991 - Recession officially ends in March, according to the National Bureau of Economic Research Inc., signaling the return of commercial and residential real estate.