Stock prices fell by more than 50
percent during this downturn and have recovered to move on to new highs.
Not exact matches
For example, a study from Global X found that for 87
percent of millennials, also known as Gen Y, their most important expectation of an advisor was protecting their investments
during a market
downturn.
One - quarter of those actively earning money from labor platforms heavily relied on this income, earning 75
percent of their total income for a given month from gig labor.71 Overall, those earning money from online labor platforms appeared to use it as a substitute for volatile nonplatform work
during downturns at their other jobs.
Without the offset of the 18
percent wage hike included in the deal realized through health care savings negotiated by the administration with the UFT and Municipal Labor Council, which represents all city employees, this agreement «could increase future budget gaps to levels that would be more difficult for the city to deal with, especially
during another
downturn,» Moody's warned.
Utah emerged from the
downturn spending nearly 9
percent less per student than
during the recession and sluggish recovery, according to the analysis by Ben Casselman at the FiveThirtyEight blog.
During the
downturn between January 2015 and January 2016, the fund lost 12.5
percent, while the benchmark dip was 21
percent.
PDSA (The People's Dispensary for Sick Animals) found that approximately 40
percent of dog owners saw a considerable
downturn in their pet's moods
during the winter months.
Commenting on the release of the emissions figures, Dr Mary Kelly, Director General of the Environmental Protection Agency stated, «the Emissions Trading Scheme is designed to bring about reductions in emissions at least cost, and is seen to play an increasingly important role in assisting European industry implement the type of reductions envisaged in the EU Commission's recent decisions on an overall 20
percent reduction of greenhouse gas emissions in the EU by 2020... While no doubt some of the reduction reflects the economic
downturn which began to have significant impact
during 2008, nonetheless the overall picture is one of progressive annual GHG emission reductions.»
Homes sold after 21 years of ownership had the largest equity gain (124
percent or $ 127,600); underlining the volatility
during the
downturn, equity gains fell to 3
percent for owners who bought between eight and 10 years ago.
Compare that to the office sector's 17.5
percent vacancy rate and industrial's 17
percent, and it's easy to see that retail properties are propping up the market
during the current economic
downturn.
Unlike past housing
downturns, which were precipitated by slowing local economies, U.S. economic fundamentals remained solid, with 3.3
percent growth in the gross domestic product, job gains averaging about 150,000 a month, and interest rates remaining historically low
during 2006.
And it's recently been modified to become more attractive to borrowers
during the
downturn; fees have been temporarily cut and the loan guarantee level has been increased to 90
percent from 75
percent, among other things.
At that level REIT total returns over the next 12 months were predicted to be negative and to underperform the broad stock market — and both predictions were true, although the model failed to predict the severity of the
downturn with REIT returns of -23
percent underperforming the stock market by 20 percentage points
during those 12 months.
«Any deterioration in loan performance
during the fourth quarter is still well below the 10 - 15
percent levels of non-performing loans that the industry experienced
during the last
downturn 6 - 7 years ago,» said Lawrence J. Horan, Ph.D., financial research and analysis director for NIC.
Paul Bishop, NAR vice president of Research put the earnings in perspective, noting that «the median Realtor ® income had fallen by 35
percent during the housing
downturn, but with the help of sustained increases in both home sales and prices, it's recovered to the highest level since 2006.»