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Recession in sentence

2506 examples of Recession in a sentence

Though prompt action halted the 2008 financial meltdown, and initial monetary and fiscal stimulus helped to end the recession itself in 2009, the recovery since then has been painfully slow, owing mainly to destructive fiscal policy: misguided drag in 2010-13; repeated self-inflicted crises in 2011-13; and no progress on the genuine longer-term fiscal problem.
The country must drastically tighten its domestic monetary policy, curtail foreign borrowing, and prepare for the likelihood of a full-blown economic recession, during which time domestic saving will slowly have to be rebuilt.
The worst-performing eurozone countries are mired in depression or deep recession; their condition – think of Greece – is worse in many ways than what economies suffered during the Great Depression of the 1930s.
As Nomura economist Richard Koo has argued about Japan, the focus should be on the demand side of crisis-battered economies, where growth is impaired by a debt-rejection syndrome that invariably takes hold in the aftermath of a “balance sheet recession.”
Deficit spending in a recession, he said, “help[s] maintain the aggregate demand for goods and services.
The first account relied on the view, most closely associated with the economists Carmen Reinhart and Kenneth Rogoff, that recovery from a recession takes longer if the cause was a crash in housing and financial markets.
The third interpretation for slow growth during these three years is that the depressed investment and long-term unemployment caused by the deep recession of 2008-2009 had taken a toll on the capital stock and the size and skills of the labor force.
Although the economy has been expanding for three years, the level of GDP is still only 1% higher than it was nearly five years ago, when the recession began.
The level of real residential investment is still less than half its level before the recession began.
Today, with the US housing market cooling and financial conditions tightening, a US recession is not out of the question.
Together with a decline in the stock market, that recession would ratchet up the pressure on Trump to look like he was doing something – anything – to prop up the economy.
But if the US economy shows signs of falling into recession, Trump will need to blame someone.
This year, Latin America is expected to emerge from the recession that began in 2015; but it will still experience a fourth consecutive year of anemic growth – or the sixth, if one counts the slowdown that was already evident in 2012 and 2013.
Brazil’s crises seemed to have ended in 2016, but the economy is not yet positioned for a strong recovery from its worst-ever recession.
Let us hope that his administration does not stymie economic recovery and pull Latin America back into recession – just when it thought it had gotten out.
But no special training is needed to know that it is unwise and dangerous when bank executives get the upside (huge bonuses) when things go well and everyone else bears the downside risks (bailouts and recession).
Europe’s double-dip recession ended in 2013, but no one can responsibly claim that recovery has followed.
One could also sense a renewed commitment to the austerity policies that incited Europe’s double-dip recession.
The Usual SuspectBERKELEY – Across the Euro-Atlantic world, recovery from the recession of 2008-2009 remains sluggish and halting, turning what was readily curable cyclical unemployment into structural unemployment.
And yet a recent Pew survey shows growing pro-immigrant sentiment in the US, with 51% of adults saying that newcomers strengthen the country, while 41% believe they are a burden, down from 50% in mid-2010, when the effects of the Great Recession were still acutely felt.
Four years of recession and devaluation of the peso, has seen Argentina descend into a veritable economic hell.
The spread of bankruptcies triggered a severe credit crunch, which triggered a deep recession and with it a brutal rise in unemployment.
The Recession Dating GameSTANFORD – The optimism that emerged in the early stages of the recovery from the financial crisis and recession has given way to more sobering assessments of the short-, medium-, and long-run challenges facing the global economy and its constituent national parts.
The global recession was severe, unmatched since World War II, with the possible exception of the early 1980’s (when, for example, the unemployment rate in America soared to 10.8% as a by-product of the disinflation from the double-digit price growth of the late 1970’s).
From the beginning of the crisis in December 2007 to the apparent end of the recession in the summer of 2009, the decline in real GDP in the US was 3.8%.
The downturn was so severe, and lasted so long, that some even used the term “depression,” before settling on “Great Recession.”
How exactly is a recession defined?
For economists, a recession is over when the economy starts to grow.
The economy falls to the bottom of a well, and then, as soon as it begins to climb itself out, the recession is declared “over,” even though it may be a long climb back to the top.
Little wonder, then, that ordinary citizens consider a recession over only when the economy has returned to “normal,” which means that incomes are rising and jobs are no longer desperately scarce.
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