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Recession in sentence

2506 examples of Recession in a sentence

Of course, US unemployment is rising, but if the American economy is in recession, it is the mildest recession ever.
If you had asked me a year ago whether this degree of financial chaos was consistent with a domestic US economy not clearly in recession, I would have said no.
If a eurozone breakup is to be avoided, escaping from continued recession will require increased fiscal deficits financed with ECB money.
In an environment of excess debt and inadequate savings, wealth effects have done very little to ameliorate the balance-sheet recession that clobbered US households when the property and credit bubbles burst.
Japan has lapsed back into recession, and the BOJ has just cut the inflation target for this year from 1.7% to 1%.
But this rebalancing, too, has not happened sufficiently, and if the advanced economies succumb to recession, nobody will escape.
The fact is that, given the liquidity crunch, oligopolistic product markets, and a small export sector, any further austerity will simply drive Greece deeper into recession.
While it belatedly recognized its fiscal policy mistake in East Asia, it repeated it in Argentina, forcing expenditure cuts that deepened recession and boosted unemployment--to the point where things finally fell apart.
A country in recession or depression does not inspire confidence.
Contractionary policies only exacerbate recession.
Lack of export growth thus has made the recession in Greece much longer and deeper than it would have been otherwise.
If Greek exports had increased at the same rate as those of Portugal (or Spain), the recession would have ended by now.
In addition to reducing debt, Chile used its additional revenues to increase the resources of two fiscal funds: when the recession began, there were more than $22 billion in assets in both funds.
Fiscal austerity, while necessary, means a deeper recession in the short term.
So, to prevent a spiral of ever-deepening recession, the periphery needs real depreciation to improve its external deficit.
In short, the eurozone's periphery is now subject to the paradox of thrift: increasing savings too much, too fast leads to renewed recession and makes debts even more unsustainable.
The commitment to keep the pound close to the Deutsche Mark impelled the Bank of England to keep interest rates high, leading to the 1991 recession.
In September 1992, on Black Wednesday, the pound sterling and the Italian lira fell out of the ERM as money markets bet against the survival of what the Conservative peer Norman Tebbit once ridiculed as the “eternal recession mechanism.”
With the BoE at liberty to create as many billions of pounds as it deemed fit to reflate the City and back the government’s bank nationalization and monetary stabilization drive, Britain escaped the crisis with a single-year recession (2008-2009) amounting to a loss of 5.15% in national income.
The 2008 global financial crisis, the resulting recession, and rapidly widening income and wealth inequality have punctured the glib triumphalism of economics.
Europe is slipping back into recession just when recovery in the United States is finally getting some traction.
It is widely assumed that a deep recession induces many of the unemployed to leave the labor market, because looking for a job seems useless.
That all changed with the post-2008 global economic recession, which exposed weaknesses in the monetary union’s structure.
Europe and America have the same talented people, the same resources, and the same capital that they had before the recession.
Many governments quickly subscribed to Ronald Reagan’s mantra of deregulated markets – policies that eventually brought about the worst global recession since the 1930’s.
Romney’s proposed contractionary policies – the attempt to reduce deficits prematurely, while the US economy is still frail – will almost surely weaken America’s already anemic growth, and, if the euro crisis worsens, it could bring on another recession.
The Reagan tax cuts of the early 1980s came at a time when the unemployment rate was climbing to post-war highs, the economy was in recession, and the Federal Reserve battling inflation and keeping interest rates at or near record highs.
To prevent the subsequent recession from worsening, the federal government was forced to bail out insolvent institutions.
Fortunately, he was willing to reverse his decision and cut the tightening cycle short (over the protests of many on the policy-setting Federal Open Markets Committee) – a move that prevented the US economy from slipping back into recession.
BERKELEY – A double-dip recession is one thing, but a lost decade is something far more sinister.
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