Sentences with phrase «sharpest economic decline»

According to the New York Times, when the textile mills that at one time supported the economy of Greenwood closed, the county experienced the sharpest economic decline of any in the country.

Not exact matches

The sharp decline in energy prices in January 2016 forced market participants to re-evaluate not only economic and stock market forecasts but the solvency concerns of a key sector.

Oil's sharp decline in the past six months is expected to boost global economic growth, especially in the United States, while widening the divergences among economies.

One possible risk would be a sharp decline in economic growth, but that doesn't currently look to be on the near - term horizon.

«Often in the hands of entrepreneurs or families, small businesses with up to 99 employees are typically more flexible when economic shifts occur but can lack the deep pockets to survive a major decline in the economy,» notes the Index besides a graph showing a sharp decline in wages during the worst years of the economic crisis and a steep increase over the last three quarters of last year.

However, as we noted in our Financial System Review, financial vulnerabilities would usually translate into full - blown risks — with attendant consequences for the economy — only if there was a trigger, such as a widespread and sharp decline in economic activity and employment.

Against that questionably positive news, we have a massive plunge in new home refinancings, that also drove the ECRI leading economic index to its sharpest weekly decline since September.

Wall Street suffered a sharp drop on Tuesday, with major benchmarks posting substantial declines in response to a combination of economic factors.

The economic impact of the regional financial crisis has been seen in some sharp declines in production and substantial adjustments in current account positions.

The expected sharp decline in economic activity and employment also represented a possible trigger for Canadian financial stability risks related to elevated household debt.

Consider a partial list of developments since just World War II: a broad national decline in denominational loyalty, changes in ethnic identity as hyphenated Americans enter the third and subsequent generations after immigration, the great explosion in the number of competing secular colleges and universities, the professionalization of academic disciplines with concomitant professional formation of faculty members during graduate education, the dramatic rise in the percentage of the population who seek higher education, the sharp trend toward seeing education largely in vocational and economic terms, the rise in government regulation and financing, the great increase in the complexity and cost of higher education, the development of a more litigious society, the legal end of in loco parentis, an exponential and accelerating growth in human knowledge, and so on.

In other words, we can expect a sharper degree of economic decline than would otherwise happen.

«Recently we have seen tentative signs that the sharp decline in economic activity may be slowing,» Bernanke told students and faculty of Morehouse College in Atlanta.

They provide protection against sharp declines in the market as we witnessed during our most recent deep recession and in previous economic downturns.

Global Economic Pessimism Unwarranted Excessive pessimism characterizes the current view on the global growth outlook, with some of this sentiment due to a mistaken interpretation of the reasons behind the recent sharp decline in oil prices.

The sharp decline in energy prices in January 2016 forced market participants to re-evaluate not only economic and stock market forecasts but the solvency concerns of a key sector.

The sharp decline in delinquencies reinforces the notion that the economic recovery has become more self - sustaining and is on a path to increased growth.»

African retailers and consumer businesses were facing long - term growth prospects despite the decline in global economic growth, which resulted in sharp rising prices.

«Consumer confidence rebounded in August, following a sharp decline in July,» says Lynn Franco, director of Economic Indicators at The Conference Board.

The housing market likely won't be deeply affected by the sharp decline in stocks in recent days because underlying economic fundamentals remain strong.