, a recession is a business cycle contraction, a general slowdown in economic activity. ref cite web url http www.merriam webster.com dictionary recession title Recession accessdate 19 November 2008 ... features dictionary DictionaryResults.aspx?refid 1861699686 title Recession definition accessdate ... rules of thumb for defining a recession, one of which was two down consecutive quarters of GDP ... seen as the authority for dating US recessions. The NBER defines an economic recession as a significant ... by the NBER for the precise dating of a recession s onset and end. In the UK recessions are generally ... 1 hi business 7495340.stm work BBC News title Q&A What is a recession? date 8 July 2008 ref Attributes Expand section date March 2009 A recession has many attributes that can occur simultaneously ... Lessons from Japan s Great Recession publisher John Wiley & Sons Asia Pte. Ltd. isbn 978 0470 ... Koo58.pdf title The world in balance sheet recession causes, cure, and politics publisher real world ... become imbalanced, recession can develop within the country or create pressure for recession ... this ideal state of balance. A severe GDP down by 10 or prolonged three or four years recession is referred ... between a recession and a depression What is the difference between a recession and a depression? Saul Eslake Nov 2008 ref As an informal shorthand, economists sometimes refer to different recession shapes , such as V shaped recession V shaped , U shaped recession U shaped , L shaped recession L shaped and W shaped recession W shaped recessions. Type of recession or shape Main Recession shapes The type ... 75, and W shaped, or double dip recession s in 1949 and 1980 82. Japan s 1993 94 recession was U ... can create a self reinforcing downward cycle, bringing about or worsening a recession. ref cite news ... date 27 January 2009 accessdate 29 January 2011 ref Balance sheet recession The bursting of a real estate or financial asset price bubble can cause a recession. For example, economist Richard Koo wrote ... more details
about the album a general slowdown in economic activity Recession other uses Recession disambiguation Infobox album Name The Recession Type studio Artist Young Jeezy Cover Young Jeezy The Recession.jpg ..., DJ Squeeky Last album The Inspiration br 2006 This album The Recession br 2008 Next album Thug Motivation 103 Hustlerz Ambition br 2011 Singles Name The Recession Type studio single 1 Put On single ... http www.pitchforkmedia.com article record review 145120 young jeezy the recession Pitchfork Media review ref rev6 PopMatters rev6score 8 10 ref http www.popmatters.com pm review 63225 young jeezy the recession ... the recession Rolling Stone review ref rev10 Tiny Mix Tapes rev10score Rating 3 5 ref http www.tinymixtapes.com ... My President description Young Jeezy featuring Nas in a sample of My President from The Recession filetype Ogg The Recession is the third studio album by American rapper Young Jeezy , released on September 2, 2008. ref cite web url http www.amazon.com dp B001AGNRYY title The Recession publisher ... crazyjeezy Cite web url http www.theboombox.com 2008 06 25 young jeezy gearing up for the recession title Young Jeezy Gearing Up for The Recession date June 25, 2008 accessdate 2008 07 16 unused data ... news more 2430 HHNLive.com News Young Jeezy To Release The Recession July 29 Bot generated ... 2011 02 26 ref Since its release, The Recession has since been certified Gold by the Recording ... The Recession note1 Intro extra1 DJ Toomp length1 4 38 title2 Welcome Back extra2 DJ Squeeky length2 ... credits class wikitable Title Notes 1 The Recession small Intro small small Songwriters J. Jenkins ... http www.youtube.com watch?v GHCSKamBNHE The Recession Trailer 1 http www.youtube.com watch?v xcdfjI4FI9w The Recession Trailer 2 s start succession box before All Hope Is Gone by Slipknot band Slipknot ... Recession, The Category 2008 albums Category Young Jeezy albums Category Albums produced by DJ ... League Category Albums produced by Zaytoven Category Def Jam Recordings albums fr The Recession ... more details
Wiktionary recession A recession is a slowdown in economic activity over a sustained period of time. Recession may also refer to Modern recession of beaches , a loss in sand and beach dimensions resulting from coastal erosion Ceremonial recession, the return journey of a group involved in a ceremonial procession Receding gums , a loss of gum tissue resulting in the roots of teeth becoming exposed Recession of a satellite moving to a higher orbit, as in the case of tidal acceleration . Spring break or spring recession, a week in March when a university stops holding classes The Recession , a hip hop album by Young Jeezy See also intitle recession disambiguation ... more details
The Recession of 1949 was a downturn in the United States lasting for 11 months. According to the National Bureau of Economic Research , the recession began in November 1948 and lasted until October 1949. ref name NBER cite web accessdate 2008 10 01 url http www.nber.org cycles.html title NBER Business Cycle Expansions and Contractions publisher NBER ref The 1948 recession was a brief economic downturn forecasters of the time expected much worse, perhaps influenced by the poor economy in their recent lifetime. ref name Zarnowitz cite book title Business Cycles Theory, History, Indicators, and Forecasting author Victor Zarnowitz Zarnowitz, Victor publisher University of Chicago Press location Chicago year 1996 isbn 0226978915 page 416 ref The recession began shortly after Harry Truman President Truman s Fair Deal economic reforms. The recession also followed a period of monetary tightening by the Federal Reserve . ref name Labonte cite web accessdate 2008 03 05 url http www.fpc.state.gov documents organization 7962.pdf title The Current Economic Recession publisher Congressional Research Service date 2002 01 10 author Labonte, Marc ref During the recession the GDP of US During this recession, the Gross Domestic Product of the United States fell 1.7 percent. In October 1949, the unemployment rate reached its peak for the cycle of 7.9 percent. ref http www.bls.gov cps Labour Force Statistics from the Current Population Survey , Bureau of Labour Statistics . Retrieved on September 19, 2009 ref Main causes of the recession This recession was after the World War 2 this is regarded as the main cause of it. According to C.A.Blyth the most important cause of 1948 1949 recession was substential fall in the fixed investments . http www.jstor.org pss 1926046 The severity of this recession Maximum unemployment was about 7.9 . Change in Gross National Product GNP reduced Up to 1.5 . Department store sales fell 22 . The wholesale price and cost of living indexes fell 12 and 5 points ... more details
A rolling recession describes the economy economic condition where certain sectors of an economy experience a slowdown or stagnation while growth as a whole continues. In general, a rolling recession occurs independent of nationwide or statewide economic recession recessions and the effects may not be noticeable in national economic measures such as gross domestic product . Category Macroeconomics Category Recessions Category Economic problems econ problem stub ... more details
File 1953 recession in US.jpg GDP growth from 1951 to 1955. br Legend2 4682B4 Percent Change From Preceding Period in Real Gross Domestic Product annualized seasonally adjusted border 1px solid aaa Legend2 800000 Average GDP growth 1947 2009 border 1px solid aaa right thumb 300px In the United States the Recession of 1953 began in the second quarter of 1953 and lasted until the first quarter of 1954. The total recession cost roughly 56 billion. Preceding the Recession The recession from 1953 to 1954 occurred because of a combination of events during the earliest parts of the 1950s. In 1951, there was a post Korean War inflationary period and later in the year more funds were transferred into national security . Further inflation was expected into 1952 and the Federal Reserve set in motion restrictive monetary policy . Causes The expected inflation never happened, but the policy was still implemented. During this time, the Treasury also lengthened the maturity of the national debt and pursued flexible interest rate policies. Alongside these policies, the Treasury also began to do debt refunding which only increased interest rates further and subsequently issued a low percentage bond .... This worked, but interest rates plummeted sending the US into a demand driven recession .... Type of recession The recession of 1953 was demand driven because the dramatic changes of interest ... Reserve led to an increase in consumer expectation of an inevitable recession which led to an even further drop in aggregate demand and an increase in savings. Thus, the recession of 1953 began ... means that the 1953 recession is an exampled of a V shaped recession . See also List of recessions ... view 00221082 di991877 99p1038t 0 Monetary Policy and the Recession of 1953 54 http en.wikipedia.org w index.php?title Recession of 1953&action edit US recessions Category Recessions Recession ... Recession of 1953 Category 1954 in economics ... more details
Orphan date February 2009 The term Growth Recession indicates economic growth so low that it creates net unemployment. The term was created When date July 2011 by Dr. Solomon Fabricant New York University, National Bureau of Economic Research ref http www.hoisingtonmgt.com HIM2007Q3NP.pdf , Van R. Hoisington, Lacy H. Hunt, Ph.D., Hoisington Quarterly Review and Outlook Third Quarter 2007, Growth Recession ref and is recognized and cited more recently by business economist s. Note that the term also has slightly different secondary meanings including a more general one that growth is below potential. However, the more specific meaning indicates the growth is weak and insufficient to provide jobs for those entering the labor market see the Hoisington and Hunt reference . There may also be a third meaning referring to growth in which more jobs are actually being destroyed than created. In all cases the term indicates, Real GDP is expanding slowly but with job contraction, so the economy behaves or feels in many ways like a recession . A former Group Managing Director at Global Insight who is now at the Bureau of Economic Analysis uses the phrase in this quote Quote My feeling at the time 2002 2003 was we had a recession followed by a growth recession till 03. That s what I showed on those Global Insight recession growth recession charts. Mike Nemeira Chief Economist, International Council of Shopping Centers a better expert than I am, and I debated this. He thought there was an argument for a quick full recovery then a lapse into a growth recession. There is no agreed standard for growth recession. But I would say while it looked stronger for a couple quarters, it wasn t real ... Recession. Both Soft Landings in the mid 1980s and 1990s qualify as for several months employment did ... recoveries because a growth recession can occur at any point in an economic cycle , and a jobless recovery only refers to the period immediately after a recession ends. References reflist Category ... more details
Recession shapes are used by economists to describe different types of recession s. There is no specific academic theory or classification system for recession shapes rather the terminology is used as an informal ... www.thebigmoney.com articles explainer 2009 01 12 recession was brought you letters u v and l title This Recession Was Brought to You by the Letters U, V and L author Martha C. White date January 12 ... . V shaped recession File 1953 recession in US.jpg The Recession of 1953 in the United States is a classic ... border 1px solid aaa br Source Bureau of Economic Analysis right thumb 300px In a V shaped recession ... by a strong recovery. V shapes are the normal shape for recession There is a strong historical ... recession. Thus, recessions and their recoveries have a tendency to trace out a V shape. ref name ... recession is the Recession of 1953 in the United States. In the early 1950s the economy in the United ..., tipping the economy into recession. In 1953 growth began to slow, in the third quarter, the economy ... was growing at an 8 percent pace, well above the trend. Thus GDP growth for this recession forms a classic v shape U shaped recession File 1973 75 recession.jpg The Recession of 1973 75 in the United States could be considered a U shaped recession. ref name TBM br Legend2 4682B4 Percent Change ... Analysis left thumb 300px A U shaped recession is longer than a V shaped recession, and has a less ... , says a U shaped recession is like a bathtub You go in. You stay in. The sides are slippery. You know ... The 1973 75 recession can be considered a U shaped recession. In early 1973 the economy began to shrink ..., the economy climbed back to recovery in 1975. ref name TBM W shaped recession File Early 80s recession.jpg The early 1980s recession in the United States is sometimes given as an example of a W shaped recession. br Legend2 4682B4 Percent Change From Preceding Period in Real Gross Domestic ... border 1px solid aaa br Source Bureau of Economic Analysis right thumb 300px A W shaped recession ... more details
A global recession is a period of global economic slowdown. The International Monetary Fund IMF takes many factors into account when defining a global recession, but it states that global economic growth of 3 percent or less is equivalent to a global recession . ref name economist 12381879 cite news url http www.economist.com finance displaystory.cfm?story id 12381879 title The world economy Bad, or worse publisher Economist.com date 2008 10 09 accessdate 2009 04 15 ref ref Lall, Subir. IMF Predicts Slower World Growth Amid Serious Market Crisis, International Monetary Fund, April 9, 2008. http www.imf.org external pubs ft survey so 2008 RES040908A.htm ref By this measure, four periods since 1985 qualify 1990 1993, 1998, 2001 2002 and 2008 2009. ref name b1 ref name IMF0901 http www.imf.org external pubs ft weo 2009 update 01 index.htm IMF Jan 2009 update ref Overview Informally, a national recession is a period of declining productivity. In a 1974 New York Times article, Julius Shiskin suggested several rules of thumb to identify a recession, which included two successive quarterly declines ... first Lakshman url http money.cnn.com 2008 05 05 news economy recession index.htm title The risk of redefining recession, Lakshman Achuthan and Anirvan Banerji, Economic Cycle Research Institute, May ... is now a commonly held definition of a recession. In the United States, the National Bureau of Economic Research NBER is regarded as the authority which identifies a recession and which takes into account ... other than USA, the two quarter rule is also used for identifying a recession. ref http www.bloomberg.com ... Recession By Jason Clenfield ref Whereas a national recession is identified by two quarters of decline, defining a global recession is more difficult, because developing nations are expected to have a higher ... apps news?pid 20601087&sid arlKrFbn3pfY&refer home title Global Recession Risk Grows as U.S. Damage ... 2000s financial crisis Financial crisis that started in 2007 The Great Depression Late 2000s recession ... more details
The recession index the R word index is an informal Index economics index created by The Economist which counts how many stories in the Washington Post and the New York Times using the word recession in a fiscal quarter quarter . This simple formula pinpointed the start of Recession History of recessions recessions in 1981, 1990, and 2001 , but was misleading in the 1990s early 1990s , when the index indicated a recession for a year after it had officially ended in March 1991. The index has inspired serious research into testing whether the tone and volume of economic reporting over time has affected people s perceptions. Mark Doms Federal Reserve Bank of San Francisco and Norman Morin Board of Governors of Federal Reserve System the Federal Reserve System 2004 ref cite web url http www.frbsf.org publications economics papers 2004 wp04 09bk.pdf title Consumer Sentiment, the Economy, and the News Media &mdash FRBSF Working Paper 2004 09 last Doms first Mark coauthors Morin, Norman publisher Federal Reserve Bank of San Francisco date 2004 07 format pdf accessdate 2008 02 28 archiveurl http www.webcitation.org 5b0X5tpqd archivedate 2008 09 21 quote ref created indexes based on the number of articles that contain certain keywords and phrases in the title or first paragraph in the thirty largest newspapers across the US. For instance, the recession index is based on the number of articles that mention recession or economic slowdown. . ref cite web url http www.frbsf.org publications economics letter 2004 el2004 29.html title FRBSF Economic Letter &mdash 2004 29 October 22, 2004 &mdash Consumer Sentiment and the Media last Doms first Mark publisher Federal Reserve Bank of San Francisco date 2004 10 22 accessdate 2008 02 28 archiveurl http www.webcitation.org 5b0XB5D1O archivedate 2008 09 21 quote ref Sources cite web url http www.economist.com finance displaystory.cfm?story id E1 TQVVTTG title The recession index &mdash Words that can harm you &mdash Nov 21st 2002 publisher ... more details
In mathematics , especially convex analysis , the recession cone of a set math A math is a cone linear algebra cone containing all vectors such that math A math recedes in that direction. That is, the set extends outward in all the directions given by the recession cone. ref name Rockafellar cite book author Rockafellar, R. Tyrrell title Convex Analysis publisher Princeton University Press location Princeton, NJ year 1997 origyear 1970 isbn 978 0 691 01586 6 pages 60 76 ref Mathematical definition Given a nonempty set math A subset X math for some vector space X, then the recession cone math operatorname recc A math is given by math operatorname recc A y in X forall x in A, forall lambda geq 0 x lambda y in A . math ref cite book last1 Borwein first1 Jonathan last2 Lewis first2 Adrian title Convex Analysis and Nonlinear Optimization Theory and Examples edition 2 year 2006 publisher Springer isbn 978 0 387 29570 1 ref If math A math is additionally a convex set then the recession cone can equivalently be defined by math operatorname recc A y in X forall x in A x y in A . math ref name Zalinescu cite book last Z linescu first Constantin title Convex analysis in general vector spaces publisher World Scientific Publishing Co., Inc. isbn 981 238 067 1 mr 1921556 issue J year 2002 location River Edge, NJ pages 6 7 ref If math A math is a nonempty closed set closed convex set then the recession cone can equivalently be defined as math operatorname recc A bigcap t 0 t A a math for any choice of math a in A. math ref name Zalinescu Properties For any nonempty set math A math then math 0 in operatorname recc A math . For any nonempty convex set math A math then math operatorname recc A math is a convex cone . ref name Zalinescu For any nonempty closed convex set math A subset ... In infinite dimensional spaces, then the relation between asymptotic cones and recession cones is more complicated, with properties for their equivalence summarized in ref cite journal title Recession ... more details
The Recession of 1958 was a sharp worldwide economic downturn in 1958, and the most significant one during the post World War II boom between 1945 and 1970. It hit economically disadvantaged countries hardest, because it involved a decline in the purchases of raw materials, both agricultural and mineral, by developed nations. The terms of trade of the underdeveloped countries was adversely affected. In Europe no less than in the United States there was a fairly sharp decline in investment in fixed capital. In the United States, unemployment rose but there was little or no decline in personal income. Auto sales fell 31 over 1957, making 1958 the worst auto year since World War II . Unemployment in Detroit stood at a high of 20 by April. Imports into the United States from Europe stayed high, but the recession in Europe reduced European purchases of American raw materials. And so the balance of payments deficit in the United States sharply increased. In Europe, however, a surplus in their balance of payments developed. Normally prices fall during recessions but this time they went up, apart from raw materials. In the U.S. consumer prices rose 2.7 from 1957 to 1958, and after a pause they continued to push up until November, 1959. Wholesale prices rose 1.6 from 1957 to 1959. The continued upward creep of prices became a cause of concern among economists. Politically in the U.S. the Democratic party made major gains in the United States House election, 1958 off year elections . References Gable, Richard W. The Politics and Economics of the 1957 1958 Recession, The Western Political Quarterly , vol. 12, No. 2 Jun., 1959 , pp. 557 559 published by University of Utah on behalf of the Western Political Science Association cite book title Economic Issues of the 1960s last Hansen first Alvin H. authorlink coauthors year 1960 publisher McGraw Hill location New York isbn page cite book title The Powerful Consumer Psychological Studies of the American Economy last Katona first George ... more details
Orphan date February 2009 Leading Wales out of recession is the Welsh Assembly Government campaign to tell individual s and businesses what help is available during the Late 2000s recessionrecession which officially began on 23 January 2009. ref cite web url http news.bbc.co.uk 1 hi business 7846266.stm work BBC title UK in recession as economy slides date 2009 01 23 accessdate 2009 02 21 ref References reflist Economy stub Wales stub Category Economy of Wales ... more details
The Recession of 1960 1961 was a recession in the United States . According to the National Bureau of Economic Research the recession lasted for 10 months, beginning in April 1960 and ending in February 1961. The recession preceded the second longest economic expansion in U.S. history which lasted from February 1961 to the Recession of 1969 70 in December 1969 only the 1990s saw a longer period of growth . ref name NBER cite web accessdate 2008 10 01 url http www.nber.org cycles.html title NBER Business Cycle Expansions and Contractions publisher NBER Dead link date October 2010 bot H3llBot ref The Federal Reserve began to tighten monetary policy in 1959 and eased off in 1960. ref name Labonte cite web accessdate 2008 03 05 url http www.fpc.state.gov documents organization 7962.pdf title The Current Economic Recession publisher Congressional Research Service date 2002 01 10 author Labonte, Marc ref During this recession, the Gross Domestic Product of the United States fell 1.6 percent. Though the recession ended in November 1960, the unemployment rate did not peak for several months. In May 1961, the rate reached its height for the cycle of 7.1 percent. ref http www.bls.gov cps Labor Force Statistics from the Current Population Survey , Bureau of Labor Statistics . Retrieved on September 19, 2009 ref References Reflist US recessions Category Recessions Category 1961 in economics Category 1960 in economics Category 1960 in the United States Category 1961 in the United States ... more details
The Recession of 1969 1970 was a relatively mild recession in the United States . According to the National Bureau of Economic Research the recession lasted for 11 months, beginning in December 1969 and ending in November 1970 ref name NBER cite web accessdate 2008 10 01 url http www.nber.org cycles.html title NBER Business Cycle Expansions and Contractions publisher NBER Dead link date October 2010 bot H3llBot ref , following an slump on economy which began around 1966 and by 1968 had become serious, thus ending the second longest economic expansion in U.S. history which had begun in February of 1961 only the 1990s saw a longer period of growth . At the end of the expansion inflation was rising, possibly a result of increased deficit spending during a period of full employment . This relatively mild recession coincided with an attempt to start closing the budget deficits of the Vietnam War fiscal tightening and the Federal Reserve raising interest rates monetary tightening . ref name Labonte cite web accessdate 2008 03 05 url http www.fpc.state.gov documents organization 7962.pdf title The Current Economic Recession publisher Congressional Research Service date 2002 01 10 author Labonte, Marc ref During this relatively mild recession, the Gross Domestic Product of the United States fell 0.6 percent. Though the recession ended in November 1970, the unemployment rate did not peak until the next month. In December 1970, the rate reached its height for the cycle of 6.1 percent. ref http www.bls.gov cps Labor Force Statistics from the Current Population Survey , Bureau of Labor Statistics . Retrieved on September 19, 2009 ref References Reflist US recessions Category Recessions Category 1960s economic history Category 1970s economic history Category 1970 in economics Category 1969 in economics ... more details
DISPLAYTITLE Recession Proof House notability Episode date March 2011 refimprove date March 2011 All plot date March 2011 Infobox television episode Title Recession Proof Series House TV series House Image Caption Season 7 Episode 14 Director S.J. Clarkson Writer John C. Kelley Teleplay Story Producer Music Photographer Editor Production Airdate Start date 2011 2 28 Length Guests Adrian LaTourelle as Bert Versky Ashley Jones as Diane Versky Tom Connolly as Officer Smith Mike Moh as Waiter Frank Drank as Bartender Season list Infobox House TV series season 7 episode list Prev Next Episode list List of House episodes List of House episodes Recession Proof is the fourteenth episode of the House season 7 seventh season of the American medical drama House TV series House . It aired on February 28, 2011. Plot A patient is admitted after breaking out in a severe rash triggered by caustic chemical exposure at his blue collar job. As the team treats him, they discover that he has led his wife to believe that he is still maintaining his once lucrative real estate career. Meanwhile, Lisa Cuddy Cuddy is honored with an award and needs House to be at the charity event for support, but his attendance is threatened when his patient s battle to survive forces him to question his practice and his own happiness. Also, Robert Chase Chase and Martha Masters House Masters teach each other a lesson in forging meaningful personal and professional relationships. Reception Critical Response anchor Critics The AV Club gave this episode a C rating. ref name avclub http www.avclub.com articles recession proof,52450 The AV Club The Onion ref References reflist External links Wikiquote House TV series Recession Proof .287.14.29 Recession Proof http www.fox.com house recaps season 7 episode 14.htm Recession Proof at Fox.com IMDb episode 1726375 Recession Proof Tv.com episode 1374018 Recession Proof Navbox House television series House episodes DEFAULTSORT Recession Proof Category House season 7 episodes ... more details
Lead rewrite date April 2008 Refimprove date August 2007 The early 2000s recession was a decline in economic activity which occurred mainly in developed countries. The recession affected the European Union ... avoided the recession for the most part, while Russia , a nation that did not experience prosperity during the 1990s, began to recover. Japan s 1990s recession continued. The early 2000s recession ... financial crisis . The early 2000s recession was not as bad as many predicted it would be, nor was it as bad ... object to characterizing it as a recession, since there were no two consecutive quarters of negative ... negative quarters. The profile matches that of a recession shapes U shaped recession with growth ... early 1990s recession in the United States 1990 91 recession ended in March 1991, the country hit ... economy in March 2001. A peak marks the end of an expansion and the beginning of a recession. The determination ... 1991 ended in March 2001 and a recession began http www.nber.org cycles cyclesmain.html . The expansion ... was in recession from March 2001 to November 2001 http www.nber.org cycles cyclesmain.html , a period ... conditions did not satisfy the common shorthand definition of recession, which is a fall of a country ... about the procedure for determining the starting and ending dates of a recession. The NBER s Business .... However, controversy over the precise dates of the recession led to the characterization of the recession as the Clinton Recession by Republicans, if it could be traced to the final term of President Bill Clinton . A move in the recession date in a 2004 report by the Council of Economic Advisors ... web url http www.businessweek.com magazine content 04 08 b3871044.htm title Inventing The Clinton Recession ... 09 ref BCDC members suggested they would be open to revisiting the dates of the recession as newer ... ac2 wp dyn A38826 2004Jan22?language printer Economists Say Recession Started in 2000 ... data have made our original March date for the start of the recession much too late. We ... more details
geographical imbalance Africa date December 2010 Late 2000s recession As a direct result of the late 2000s recession , some economies in Africa have been primarily affected by reduced global demand and lower prices of commodities such as oil, platinum, nickel, gold, and copper. South Africa was the first African country to fall in recession. Other countries like Morocco and Egypt , which benefited from their previous high economic growth experienced a great decline due to the global economic crisis without falling in recession. South Africa Moody s Investors Service warned on July 7, 2008 that South Africa could slip into a recession by the turn of the year. Moody s cited electricity shortages, high interest rates, soaring inflation, a slumping housing and vehicle market and lower business and consumer confidence indicators. Growth in South Africa s real gross domestic product for the first quarter of 2008 slowed to 0.39 . CPIX inflation, the monetary policy inflation target measure, rose 10.9 on a year on year basis in May, its highest level since November 2002. ref cite news url http www.marketwatch.com news story moodys says south africa may story.aspx?guid 7B8A9FE5B9 E704 4520 A54A 58096C0EE203 7D title Moody s says South Africa may slip into recession publisher Market Watch date 2008 07 07 accessdate 2008 07 19 ref South Africa s National Treasury criticized the statement by Moody s saying, It s not possible that we ll end up in recession. He added that the government may revise lower its 4 percent growth forecast for the year following growth of 5.1 in 2007. Car sales in South Africa dropped an annual 22 percent in June due to higher interest rates. ref cite news url http www.bloomberg.com apps news?pid 20601116&sid aSsCu.e0KNew&refer africa title South Africa Says Moody s Recession Claim Alarmist publisher Bloomberg L.P. Bloomberg date 2008 07 09 accessdate 2008 ... financialcrisis ILO Job Crisis Observatory Economic Crisis DEFAULTSORT Late 2000s Recession In Africa ... more details
This article gives the timeline of the Late 2000s recession global recession of the late 2000s , which ... of reports may not correspond to the actual order of events in recession. Definition of recession A recession ... announced they were in recession. It is worth noting that some developed countries such as South Korea and Australia did not enter recession indeed Australia contracted for the last quarter of 2008 ... country, also avoided the recession as a result of their strong domestic market, low private debt and flexible currency. ref cite news title How Poland became only EU nation to avoid recession date ... the first European economy to confirm it is in recession since the global credit crunch began. Its ... news title Denmark enters recession date 1 Jul 2008 first Tasneem last Brogger work Bloomberg publisher Independent url http www.independent.ie business european denmark enters recession 1425013.html ... state slides into recession with a 0.9 fall in second quarter GDP after a drop of 0.5 in the first quarter. It falls deeper into recession in the third quarter when the economy contracted 3.3 . ref cite news title Recession arrives in Estonia date 13 Aug 2008 first Mike last Collier work The Baltic ... neighbor Estonia in recession as GDP falls 0.2 in the second quarter from the first quarter, when ... flagicon Ireland Economy of the Republic of Ireland Ireland The Celtic Tiger slides into recession ... decline in the first quarter. Its last recession in 1983 saw thousands of people leave Ireland to seek work overseas. ref cite news title Ireland falls into recession date 25 Sep 2008 first Julia last ... country to slip into a recession since the credit crisis began. Singapore s export dependent economy ... its first recession since 2002. ref cite news title Singapore enters recession first Olivia last Boyd date 10 October 2008 work Building url http m.building.co.uk news singapore enters recession ... title Singapore, in Recession, Ends Currency Gain Policy Update2 first Shamim last Adam date 9 Oct 2008 ... more details
Refimprove date June 2011 Infobox album Name Love Has No Recession Type Album Artist Kindred The Family Soul Cover lovehasnorecession.jpg Released July 26, 2011 Recorded 2009 2011 Genre Contemporary R&B , Neo Soul Length Label Shanachie Records Last album The Arrival br 2008 This album Love Has No Recession br 2011 Next album Love Has No Recession is the fourth studio album by R&B duet, Kindred The Family Soul . It was released on July 26, 2011 by Shanachie Records . ref cite web url http www.amazon.com dp B004Z182Y6 title Love Has No Recession Kindred The Family Soul Music publisher Amazon.com date accessdate 2012 02 29 ref Background About the album, Aja and Fatin says When we began compiling the songs we knew that the theme of the album would have to truly reflect the times and so we initially called it The Great Recession but near the end of the process with the help of our fans we decided that our statement had to express triumph so we renamed it Love Has no Recession and just like so many words before them, those words had already started to manifest in our lives. We placed our Love in all that we did and indeed it has only moved ahead. It is our prayer that this offering will inspire and as always be a voice for those who truly relate to our message. It is equally socially conscious as it is all grown up and sexy like. It is quite simply US. Citation needed date February 2012 Singles Magic Happens was the first single from Love Has No Recession , and was released online on April 28, 2011. It was officially released on June 1 by Shanachie Entertainment. Release and promotion The album was released on July 26, 2011 by Shanachie Entertainment. It peaked at 90 on the Billboard 200 . Track listing The Sheddington Intro Above the Water, Part 1 featuring Ursula Rucker We All Will Know featuring Raheem DeVaughn Take a Look Around featuring B.J. the Chicago Kid and Bilal ... featuring Chuck Brown and DJ Kool Love Has No Recession featuring Fred Yonnet Above the Water, Part ... more details
Late 2000s recession Cleanup date March 2011 The business community in Australia and New Zealand had been affected by global financial crisis for a number of reasons. Although regional banks generally have good liquidity requirements, the commercial wing of the industry was overexposed to sovereign wealth fund s and governments made few provisions for the drop off in trade with China. Additionally, many institutions of the Economy of New Zealand New Zealand economy are host regulation regulated by Australian .... Australia main 2007 10 recession in Australia There has been a credit market crisis in the Australian ... more than 2 GDP growth in 2009 while many Western nations go into recession . The World Economic ... the continuing decline of trade in 2009 could put the economy into recession for the first time ... seen sliding into recession in 2009 , International Herald Tribune, January 19, 2009 ref Unemployment ... contracted in the June quarter putting New Zealand in a technical recession. ref cite news url http news.xinhuanet.com english 2008 07 09 content 8517938.htm title New Zealand considered to be in recession ... article asiaCompanyAndMarkets idINWEL12539220080707 title NZ Treasury economy may be in recession ... had contracted for a second quarter based on economic indicators, putting New Zealand in a recession ... recession publisher BBC News date 2008 08 05 accessdate 2008 08 10 ref New Zealand s central bank cut rates by half a percent arguing the economy was in recession. ref name NZTaiwan cite news url http ... Zealand slashes rates as economy lurches toward recession publisher Daily Telegraph date 2008 09 ... quarter putting the country in its first recession in a decade. ref cite news url http www.bloomberg.com ... Recession publisher Bloomberg L.P. Bloomberg date 2008 09 26 accessdate 2008 09 26 ref The economy emerged from recession in mid 2009, with the second quarter GDP report showing the economy grew ... ILO Job Crisis Observatory Economic Crisis DEFAULTSORT Late 2000s Recession In Australasia Category ... more details
File 1973 75 recession.jpg right In the parlance of recession shapes , the Recession of 1973 75 in the United States could be considered a U shaped recession , because of its prolonged period of weak growth and contraction. ref name TBM Cite news url http www.thebigmoney.com articles explainer 2009 01 12 recession was brought you letters u v and l title This Recession Was Brought to You by the Letters U, V and L author Martha C. White date January 12, 2009 work The Big Money ref br Legend2 4682B4 Percent Change From Preceding Period in Real Gross Domestic Product annualized seasonally adjusted ... of Economic Analysis left thumb 300px The 1973 75 recession in the United States or 1970s recession ... made the recession evident. The recession in the United States lasted from November 1973 to March 1975 ... from 1975 to the Early 1980s recession first recession of the early 1980s , which began in January 1980, inflation remained extremely high until the early years of the 1980 s. During this recession, the Gross Domestic Product of the United States fell 3.2 percent. Though the recession ended ... in August 2009 currently 9.3 in the United States, the Early 1980s recession where unemployment peaked ... in 1933. United Kingdom The recession also lasted from 1973 75 in the United Kingdom . The GDP declined ... depending on the source. It took 14 quarters for the UK s GDP to recover to that at the start of recession ... 1974 Oct Wilson makes it four date 5 April 2005 ref Economic growth was re established in 1975 as the recession ... economic recovery following the earlier recession seen as one of the key factors in their electoral ... 75 recession inflation and strikes were conquered during the first term of the Thatcher led ... Labour s failure to sustain economic recovery after the 1973 75 recession. ref cite news url http ... of lower taxes and government regulation. The economy soon stalled into recession and ultimately ... 1973 75 Recession Category Recessions Category 1970s economic history ... more details
The recession of the early 1990s describes the period of economic downturn affecting much of the world in the late 1980s and early 1990s. File DJIA Black Monday 1987.svg thumb 250px Dow Jones Industrial ... that followed led to a sharp recession through financial contagion , that hit hardest those countries ... burst of the recession was short lived, as fervent pre election activity by the governments ... American economy out of recession. It soon turned out that the quick recovery was illusory, and by 1990 ... the last part of the recession, both being swept out by opponents running on pledges to restore the economy ... Keating then Treasurer of Australia , and future Prime Minister , referred to it as the recession that Australia ..., the Liberal Party failed to enter government. In neighboring New Zealand , the recession came after ... of economic reforms known as Rogernomics in the recession led to deep policy divisions between the Prime Minister, David Lange , and the Minister of Finance, Roger Douglas . In response to the recession ... of the recession being officially declared on 26 April that year, but the Conservative government ... Party UK Labour . The early 1990s recession was officially the longest in Britain since the Great Depression some 60 years earlier. However, the recession of the early 1980s brought a sharper fall in output ... to 3,200,000 that had occurred as a result of recession between 1979 and 1983 , and with the return of economic growth it began to fall from early 1993 and within five years was back to pre recession levels. Following the end of this recession, the British economy enjoyed a record run of unbroken economic growth which lasted more than 15 years until the economy lurched back into Late 2000s recessionrecession during 2008 an economic downturn which was ultimately even worse than that of the early ... & 124 26 & 124 1993 Recession over it s official ref not in source date March 2012 Civil unrest In the United Kingdom, there was a significant wave of rioting at the height of the recession ... more details
pp move indef small yes About economic recession during the early twenty first century background financial ... 2011 long September 2010 date November 2011 Late 2000s recession Financial crisis The 2008 2012 global recession , sometimes referred to as the late 2000s recession , Great Recession , ref name wsj ... work The Wall Street Journal title Did Great Recession Live Up to the Name? first David last Wessel ... a Phrase The Lesser Depression accessdate 3 September 2011 ref or the Long Recession , ref cite web url http thinkprogress.org yglesias 2011 09 12 317166 the long recession in hiring title The Long Recession In Hiring accessdate 12 September 2011 ref is a marked global economic decline that began in December 2007 and took a particularly sharp downward turn in September 2008. The Great Recession ... global recession characterized by various systemic imbalances and was sparked by the outbreak of the 2007 2012 global financial crisis . There are two word sense senses of the word recession a less ... recession Citation author Merriam Webster title headword recession work Merriam Webster Collegiate Dictionary online url http www.merriam webster.com dictionary recession postscript . ref and the academic ... quarters of negative GDP growth. By the economics academic definition of the word recession , the Great Recession ended in the U.S. in June or July 2009. ref Daniel Gross, http www.newsweek.com id 206631?from rss The Recession Is... Over? , Newsweek , July 14, 2009. Cite news url http online.barrons.com ... to Fret About a Double Dip Recession author Mark Hulbert date July 15, 2010 ref ref name autogenerated1 ... Indicators Preceding the End of an American Economic Recession. Journal of Pattern Recognition ... brianwingfield 2010 09 20 the end of the great recession hardly ?partner contextstory title The End Of The Great Recession? Hardly first Brian last Wingfield date 2010 09 20 work Forbes Cite news url http www.forbes.com 2010 09 20 briefing markets recession over stocks rally.html?boxes ... more details
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