So we're in more
than a Great Recession.
To what extent should a country impose austerity and even depression on itself — more
than a great recession, an entire lost decade on itself — simply to pay interest to bondholders who've been financing a fiscal system that hasn't really taxed the rich in Greece?
Not exact matches
The U.S. economy is still struggling more
than three years after the
Great Recession ended.
The good news is that lenders have opened the spigot in the past few years, and more capital is flowing to companies
than it did during the
Great Recession.
No sector was hit harder
than financials during the last
recession, and now the
great rotation back into banks has begun.
Bottom line: Janet Yellen wants to try to make up for the weakness of the recovery from the
Great Recession by keeping the expansion going for longer
than fatalists think is possible.
The urban population boom may finally be normalizing, but people are still being attracted to city centers more often
than in the years leading up to the
Great Recession.
But thanks to the
Great Recession, Honderich is more open to cost cuts
than he was as a publisher.
Since five years ago when it started, the
Great Recession has hit the United States like a hurricane, erasing trillions of dollars of wealth, destroying more
than 8 million jobs and eroding value from tens of thousands of homes.
Total sales for 2015 edged upward by 3 %, to more
than $ 700 billion, and market research firm NPD Group forecasts that Americans will make 61.8 billion visits to restaurants and food - service outlets in 2016 — which would be the highest figure since before the
Great Recession.
Still, the temptation now to use historically low - interest money from mortgages, personal credit lines and 401 (k) plans to invest in the stock market is
great, especially as the Dow is reaching historic heights at more than 26,000 — a milestone unfathomable in 2009, during the Great Reces
great, especially as the Dow is reaching historic heights at more
than 26,000 — a milestone unfathomable in 2009, during the
Great Reces
Great Recession.
But when the
Great Recession hit, Penney's core customer — the middle - class mom — suffered more
than most.
He started Stratos in 2008 on his own during the
Great Recession, and it now has more
than 180 financial advisors in 22 states across the country.
Even the financial crisis and ensuing
Great Recession registered as little more
than a blip.
The
Great Recession resulted in the loss of more
than 8 million jobs and left a trail of devastation in its wake, but for some, the downturn offered new opportunities.
Small - business owners remain much worse off financially
than they were before the
Great Recession because they suffered a particularly deep drop in income during the economic downturn.
The year is shaping up to be the sixth straight of worse -
than - before - the -
Great -
Recession economic conditions for small companies.
After all, prior to the
Great Recession, Alberta's industrial heartland looked poised to become an upgrading mecca, with new refinery projects expected to boost local production of oilsands crude by more
than half a million barrels a day.
Moreover, CBO's latest baseline assumptions predict earnings to grow faster for high - income earners
than for others in the next decade, [32] suggesting that the
Great Recession and financial crisis may have had only a temporary impact on the rising trend of income gains at the top, much as the impact of the dot - com collapse in the early 2000s was only temporary.
So it seems to me the risk of the economy hitting the
recession when monetary policy is not in a position to respond are much
greater than they have been previously and therefore, we need to be very cautious about doing anything that would increase those risks.
In the aftermath of the
Great Recession of 2008 - 2009, technology stocks traded at lower price - to - earnings ratios
than many other types of businesses, such as consumer staples, because investors were frightened.
The gross domestic product grew by about 2.5 percent, which was slightly better
than the nation has seen since the end of the
Great Recession, and the number of jobs grew by about 200,000 a month.
More
than five years after the
Great Recession tore a giant hole in their budgets, most states have made big progress in stabilizing their finances.
The result of the vote is important for a number of reasons, but none more
than the fact that global economic growth has been fragile since the «
Great Recession» of 2008.
As a share of the economy, deficits are currently 3.1 percent of GDP and will reach 5.0 percent of GDP in 2027 and 9.0 percent of GDP within three decades — higher
than any time except for 5 years during World War II and the
Great Recession.
Astoundingly, per capita government spending in the first quarter of 2016 — 27 quarters into the recovery — was nearly 3.5 percent lower
than it was at the trough of the
Great Recession.
Through baby boom and baby bust, from tech bubble to housing bubble, from the depths of the
Great Recession to recovery, New Strategist has been tracking trends for more
than 25 years.
In fact, this next
recession may could cause far
greater change in U.K. and Europe
than the last one did.
While leading measures and our
Recession Warning Composite do not currently provide enough evidence to anticipate an oncoming recession with confidence, they do suggest much greater prospects for economic weakness than the Wall Street consensus
Recession Warning Composite do not currently provide enough evidence to anticipate an oncoming
recession with confidence, they do suggest much greater prospects for economic weakness than the Wall Street consensus
recession with confidence, they do suggest much
greater prospects for economic weakness
than the Wall Street consensus suggests.
Data from the U.S. Bureau of Labor Statistics» has shown an interesting trend in the years since the
Great Recession: More Americans are quitting their jobs
than ever.
The bursting of the last decade's housing bubble wiped out trillions in household wealth, cost more
than 5 million Americans their homes and triggered the
Great Recession.
As I mentioned earlier, business investment collapsed during the
Great Recession, and its much - weaker -
than - expected recovery since, despite historically low financing rates, has been a major source of disappointment in advanced economies.8
In the
Great Recession and the previous recession, employee stock ownership firms had smaller employment cutbacks and higher survival rates than simil
Recession and the previous
recession, employee stock ownership firms had smaller employment cutbacks and higher survival rates than simil
recession, employee stock ownership firms had smaller employment cutbacks and higher survival rates
than similar firms.
And after both the dot - com crash in 2000 - 2001 and the
Great Recession of 2008 - 2009, investors in new, fledgling companies are exercising more due diligence
than ever before.
The broader point is that stock indexes have recovered nicely since the
Great Recession — the S&P 500 (a more comprehensive look at the stock market
than the Dow) has more
than tripled from its trough in 2009.
The U.S. economy, which was stuttering with a «fits - and - starts» recovery following the
Great Recession of 2007 — 2008, has now reached a state of steady, stable growth, with the pace of growth centering around a new normal rate that is lower
than its historical norm.
The market volatility is spectacular and we are seeing more gyrations in this
recession than we did during the
Great Depression.
For more
than a brief moment during the
Great Recession, it appeared the fate of the Big Three automakers was in jeopardy.
Before the dust settled, more
than 8.7 million payroll jobs were lost in the United States as a result of the
Great Recession.
According to the Euler Hermes Global Index of Business Failures, the rate of U.S. business insolvencies has somewhat recovered since 2008, but 2014 still saw 29,965 business failures, only marginally lower
than the number reported at the height of the
Great Recession.
Absent this legislation, next year's budget deficit would total about $ 440 billion (2.1 percent of Gross Domestic Product)-- the lowest since before the
Great Recession — rather
than $ 981 billion (4.6 percent of GDP) as CBO projects.
This number demonstrates that even though ESOPs were not immune to impacts of the
Great Recession, leaders of ESOP companies still feel strongly that the company is better off
than their non-ESOP counterparts.
And in his book, Children of the
Great Depression, Glen Elder wrote that adolescents who experienced hardship in the 1930s became especially adaptable, family - oriented adults; perhaps, as a result of this
recession, today's adolescents will be pampered less and counted on for more, and will grow into adults who feel less entitled
than recent generations.
In the United States alone, just those companies in the S&P 500 have been hoarding more
than $ 1.9 trillion in cash which began in response to jurisdictional tax disparities and global economic uncertainty following the
Great Recession, then accelerated over the past decade as big U.S. corporations accumulated profits offshore in lieu of repatriating the funds and taking a tax hit.
Today his net worth is much higher
than it was before the start of the
Great Recession.
Reid says such workarounds are far more common today
than even just a few years ago, during the
Great Recession, because the economic pain is confined to a single region and bank balance sheets are generally in good shape.
Citing the 2010 General Social Survey evidencing that companies with employee stock ownership were four times less likely to lay off employees during the
Great Recession than conventionally owned companies, ESOP Association President, J. Michael Keeling, urged the Congress to consider job sustainability when reforming the Federal tax code.
The latest flow - of - funds data from the Federal Reserve confirmed that home - equity wealth reached a new nominal high this year: $ 13.9 trillion at mid-2017, $ 0.5 trillion above the 2006 peak and more
than double the $ 6.0 trillion amount at the trough of the
Great Recession.
«As recent research has shown, employees with employee stock ownership have more sustainable employment and were four times less likely to be laid off during the
Great Recession than employees without employee stock ownership.
Just look at Bank of America, which faced more
than $ 60 billion in settlements tied to its mortgage practices following the
Great Recession, and attempted to charge debit cardholders a monthly fee in 2011.