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Recession in sentence

2506 examples of Recession in a sentence

In hindsight, these exchange-rate swings mirrored the initial collapse and subsequent rebound in global trade, helping to mitigate the recession.
First, the US and global economies remain mired in recession.
Making up the output lost in last year’s recession will take some time, a problem made more challenging by the economic dislocations in Argentina’s northern neighbor, Brazil.
But that finding, like the policy advice that they offered in the aftermath of the 2008 financial crisis, was not intended to support the proposition that a recession is a good time to undertake fiscal contraction.
Most recently, a May 2013 paper with Carlo Favero and Francesco Giavazzi reports that “spending-based adjustments have been associated, on average, with mild and short-lived recessions, in many cases with no recession.”
As a result, “the fiscal consolidations implemented by several European countries could well aggravate the recession.”
This is a more powerful indictment of the reasoning behind recent attempts to justify spending cuts during a recession than is a spreadsheet error or a flippant remark about Keynes’s sexuality.
After WWII the only two incumbent presidents not reelected were Carter in 1980, who ran in the middle of a recession, and Bush (the father) in 1992, who paid for mediocre economic growth in 1990-1992.
(Had America’s economy come out of recession six months earlier, Clinton would probably not have won in 1992.)
On the eve of the Great Recession of 2008-2009, income inequality had reached all-time highs in the US and most developed countries.
The recession and the painfully slow recovery have caused conditions everywhere to worsen, especially for children and young people entering the labor market.
By contrast, real wages increased, albeit at a much slower pace than before the recession, for those in the top 30% of the wage distribution.
Japan’s experience shows that a recession that results from a financial crisis can be extremely prolonged, because deleveraging is a long process.
It is highly likely that today’s recession will drag on for many more years in both America and the EU.
That will lead to double-dip recession, even larger fiscal deficits, and runaway debt.
Some people even predict a double-dip recession.
The 1973 Yom Kippur War between Israel and the Arab states led to global stagflation (recession and inflation) in 1974-1975.
And Iraq’s invasion of Kuwait in the summer of 1990 led to the global recession of 1990-1991.
Even the recent global recession, though triggered by a financial crisis, was exacerbated by spiking oil prices in 2008.
If the drums of war grow louder this summer, oil prices could rise in a way that will most likely cause a US and global growth slowdown, and even an outright recession if a military conflict erupts and sends oil prices soaring.
The fear premium might push prices significantly higher, even if no military conflict ultimately takes place, and could trigger a global recession if one does.
By 2013, the government’s excessive borrowing had caused it to lose access to international capital markets, triggering the start of the recession.
CAMBRIDGE – Who will suffer the longest and the most from the implosion in 2008-2009 of Wall Street and the ensuing world recession?
In the early 1990’s, Sweden suffered a huge recession precipitated by a housing bubble and a banking crisis.
In its 2009 Employment Outlook , the OECD took a hard look at its favored policy reforms and found them deficient in helping countries adjust to a finance-driven recession.
So the lesson from the recession is clear.
We owe it to workers victimized by this recession to reinvent finance so that it works to enrich the real economy, instead of enriching only the financiers.
Brazil is battling recession and rising unemployment.
Winning at Corporate GovernanceCAMBRIDGE: Despite NASDAQ crashes and the threat of US recession, the New Economy is here to stay.
Data from the US, the United Kingdom, the periphery of the eurozone, Japan, and even emerging-market economies is signaling that part of the global economy – especially advanced economies – may be stalling, if not dropping into a double-dip recession.
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