Sentences with phrase «significant effects of the recession»

One of the most significant effects of the recession is that baby boomer savings, in the forms of bonds and stock dividends, have largely collapsed, and pensions, where they do exist, have been eroded.

Not exact matches

Collectively, the economic impact of the four achievement gaps we studied is significant — comparable, in their effect on the US economy, to recessions since the 1970s (Exhibit 2).

Actual results may differ materially from those expected because of various known and unknown risks and uncertainties, including, but not limited to, the continuing effects of the U.S. recession and global credit environment, other changes in general economic and industry conditions, the award or loss of significant client assignments, timing of contracts, recruiting and new business solicitation efforts, currency fluctuations, and other factors affecting the financial health of our clients.