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Downturn in sentence

613 examples of Downturn in a sentence

Indeed, thanks to the IMF, we have had ample opportunity to see what happens, both in East Asia and Latin America, when an economy in a downturn tries to balance its budget.
Some debtors default--the debtor problems then become the banks' problem--while others are forced to cut back their expenditures, deepening the downturn.
The result was an economic downturn, with two quarters of declining GDP.
That might allow the necessary permanent reduction of the deficit without causing a repeat of the economic downturn that accompanied the last VAT increase.
Yet, ugly or not, the downturn will eventually end.
There are three reasons why the authorities might fail to restore full employment rapidly after a downturn.
The reason was that governments now had the tools, especially discretionary fiscal policy, to check any incipient downturn.
In a decent universe, these two announcements would herald the end of a lost decade for Europe and the beginning of an era of rebuilding so that Europeans may face, together, the challenges posed by US President Donald Trump and the next economic downturn.
There is an increasing consensus on the prognosis: this downturn will be prolonged and widespread.
Most major countries’ fiscal deficits nowadays reflect the recent collapse of tax revenues that followed the growth downturn, as well as very costly financial-sector bailouts.
This happened in 1980-1981, when the US Federal Reserve raised real interest rates, ostensibly to kill inflation, inducing a global economic downturn as well.
It’s not that the Fed is simply replenishing its arsenal for the next downturn.
In the meantime, Greek society will suffer from budgetary austerity, cuts in social expenditure, and an overall economic downturn.
Condemned to short contracts and temporary work, they lacked job security: since they were the last to be hired, they were the first to be let go at the next downturn.
The longer the bubble expanded, the larger the explosion and the greater (and more global) the resulting downturn would be.ampnbsp;
One cannot have a deep and long downturn in the world’s largest economy without global ramifications.
If Obama follows his instinct, pays attention to Main Street rather than Wall Street, and acts boldly, then there is a prospect that the economy will start to emerge from the downturn by late 2009.
The trouble is that the higher interest rates are bound to deepen Russia’s economic downturn, making the CBR an easy scapegoat.
Perhaps the best evidence that this is not an ideologically-driven sea change is to be found in what triggered it: an economic downturn.
Italy, judged according to US standards, has been mired in a five-year recession: the recovery in 2010 was so tepid that by 2011, before a new downturn set in, the economy had barely recovered one-third of the output lost after the recession began.
And the new downturn has been severe: Italy’s GDP is now about 8% below its 2008 level.
Similarly, if a trough were subsequently followed by several quarters of positive growth, the Committee would not necessarily announce that the recession had ended; it would wait until the economy had recovered sufficiently that a hypothetical future downturn would count as a new recession, not a continuation of the first one.
Historical statistical relationships are perhaps cold comfort in a downturn that now seems so insidiously different from previous catastrophes.
In the downturn, revenues and subsidies from the central government collapsed and the bills came due.
The Fed traditionally responds to a downturn by sharply reducing the short-term federal funds rate.
During the most recent downturn, the Fed lowered the benchmark rate from over 5% in July 2007 to just 0.16% in December 2008, a total reduction of more than five percentage points.
To stimulate demand in the last downturn, the Fed also practiced what it called “unconventional monetary policy,” promising to keep short rates low for a long time and buying long-term bonds for its own portfolio.
The responsibility for stimulating the economy in the next downturn will therefore fall to fiscal policy – changes in taxes and government spending.
An economic downturn in the next few years would be a good time to make the cuts permanent.
The other way to reverse an economic downturn would be to increase government spending.
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