Sentences with phrase «persistent effects of the recession»
National health spending is estimated to have reached $ 2.8 trillion and grew 3.9 percent — the same rate as in 2011 — reflecting the persistent effects of the recession and the modest recovery.
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For example, the loss of existing firms and the low creation rate of new firms during and after the Great Recession have not only directly reduced investment but also impaired the dynamism of the private sector, causing persistent, adverse effects on productivity growth.12