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Recession in sentence

2506 examples of Recession in a sentence

In the United States, the American consumer (who still accounts for 71% of US GDP) remains in the wrenching throes of a Japanese-like balance-sheet recession.
The crisis-torn peripheral economies – Greece, Ireland, Portugal, Italy, and even Spain – are already in recession.
Moreover, with fiscal austerity likely to restrain aggregate demand in the years ahead, and with capital-short banks likely to curtail lending – a serious problem for Europe’s bank-centric system of credit intermediation – a pan-European recession seems inevitable.
The European Commission recently slashed its 2012 GDP growth forecast to 0.5% – teetering on the brink of outright recession.
On the eve of the Great Recession of 2008-2009, exports had soared to a record 44% of combined GDP for Asia’s emerging markets – fully ten percentage points higher than the export share prevailing during Asia’s own crisis in 1997-1998.
As a result, when the shock of 2008-2009 hit, every economy in the region either experienced a sharp slowdown or fell into outright recession.
Nevertheless, even with this caveat, there has been a rise of FDI protectionism that predates the current financial crisis and recession.
The financial crisis and recession may dampen the rise of FDI protectionism, as countries seek capital to shore up local firms and increase investment to help them promote economic recovery.
Unlike the mood at Davos a few years ago, when many participants mistook an economic recession for long-term American decline, the prevailing view this year was that the US economy has regained much of its underlying strength.
This would be the right policy if Germany was a freestanding country, but the eurozone’s heavily indebted member countries badly need stronger demand from Germany to avoid recession.
Nothing will be easy, given growing problems of security, governability, institutional stability, and economic performance, with the prospect of renewed global recession threatening oil revenues.
In other words, the United Kingdom has spare capacity – output fell by 6.4% during the recession and has not fully recovered – but not enough of it.
Britain has recovered only one-third of its output lost from a deep recession.
In October, the International Monetary Fund updated its global outlook to predict that only a handful of small countries will suffer a recession next year.
Today, for example, a prolonged recession in Europe is, alongside budget cuts, generally seen as posing the greatest risk to a sustained US recovery.
But such an approach could also lead to an explosion of public debt and ultimately precipitate a deep recession.
Yet the voters were ready to move away from the old ties – the electorate had become much younger in the 1990s and the improvements over the old regime, after the recession of the early 1990s had run its course and the reform policies began to pay off, became palpable.
From Bad to Worse for Puerto RicoSAN JUAN – Puerto Rico’s deep and prolonged recession has led to a severe debt crisis.
The Board actually predicted that its proposals would turn Puerto Rico’s recession into a depression of a magnitude seldom seen anywhere: a 16.2% decline in GNP in the next fiscal year (and a further decline the year after), which is comparable to the experience of countries undergoing civil wars, or that of crisis-ridden Venezuela.
But if lenders get cold feet, the resulting “sudden stop” in capital flows requires the country to cut back on key imports overnight, triggering a recession.
It is also what happened to Argentina recently: after a sudden stop in capital flows, the local currency lost half of its value and the economy lurched into recession (mercifully, a full financial crisis did not follow).
Brazil’s Economic RevolutionBRASILIA – Large emerging economies were hit hard in the past year – particularly in the first half – by the crisis in developed countries, with Europe in recession and the United States staging only a meager recovery.
Internationally he will have to get the Israeli economy out of its current recession, a downturn that it was thrown into because of the deadlock of the peace process as well as the total mismanagement of the economy under Mr Netanyahu.
But prolonged economic recession in developed countries, together with the rise of cheap shale gas, has undermined investment in clean technologies.
Italy’s per capita GDP in 2018 is about 8% below its level in 2007, the year before the global financial crisis triggered the Great Recession.
But even if Greece’s debt had been completely wiped out, going from a primary deficit of 10% of GDP to a balanced budget requires massive belt tightening – and, inevitably, recession.
Official forecasts for Russian GDP growth in 2009 remain positive, but most analysts, including government officials, are bracing for a severe recession – which, indeed, appears to have started in the fourth quarter of 2008.
Indeed, China’s exports fell by 16% year on year in 2009, owing to the global financial crisis and recession.
Some people may argue that investment growth without consumption growth will result in overcapacity and eventually lead to recession.
If employment and incomes in America crash, US demand for imports crashes – and not just America but the whole world will slide into recession.
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