The province may finally be crawling
out of its deepest recession since the dreadful 1980s, but it's a slow crawl, and years will pass before the economy makes up the ground it lost.
Not only did he want continuity at the Fed, but the president said he needed Summers by his side in the White House as he tried to lift the economy
out of a deep recession, according to people familiar with the conversation.
economy
out of a deep recession, your chances of finding job depend a lot on where you live and what industry you're hoping to work for.
It is critical as we begin to pull
out of the deepest recession in our history that we are strategic and objective
Not exact matches
Things start
out looking pretty dire, as the economy fell into its
deep recession through mid-2009, with the S&P 500 reaching a minimum in March
of that year.
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.
But at the same time, there is always a
recession out in front
of us; and that fact
of life is what makes for long and difficult recoveries, not to mention very
deep bear markets.
Then in 2006, after 30 years, those tax breaks expired, companies pulled
out of the island, taking with them well - paying jobs and tourism, and the island fell into a
deep recession.
In fact, the economic output that is lost because
of poor education policies and practices leaves many countries in what amounts to a permanent state
of economic
recession — and one that can be larger and
deeper than the one that resulted from the financial crisis at the beginning
of the millennium,
out of which many countries are still struggling to climb.
Government data show consumer spending has been rising steadily
out of the
deepest trough
of the Great
Recession in June 2009 while credit card and retail industry data indicate that a more cautious shopper is emerging from the economic crisis.
1
out of 7 times it appears before a
deep recession, as in 1971.
A retailer friend
of mine from Maryland has his own formula for fighting his way
out of this lingering and
deep recession.