Recession
in sentence
2506 examples of Recession in a sentence
A common rule of thumb is that two consecutive quarters of falling real GDP constitute a
recession.
Sometimes dating a
recession
is a judgment call.
America had a brief, sharp
recession
in 1980, followed by a long and severe one in 1981/1982.
Likewise, the recent
recession
was officially dated as starting in December, 2007, but it could equally well have been dated as starting in the summer of 2008 because, in the interim, the economy grew.
If we focus on real GDP and define a double dip as a historical sequence in which a period long enough to be declared a
recession
is followed by a period of recovery, and then quickly followed by a second outright recession, the 1980-1982 period in the US is a classic example.
In fact, defined more loosely as a sequence that includes periods of growth followed by periods of decline, followed by further periods of growth and decline, the 1973-1975 period in the US, with eight quarters of alternating gains and losses in real GDP, was one quadruple-dip
recession.
America’s 2001
recession
was one brief, mild double dip.
Within the current recession, we have already had a double dip; a dip at the beginning of 2008, then some growth, then another long, deep dip, then renewed growth.
If the economy declines again – a highly plausible prospect – we would have a triple dip, although perhaps not an outright second
recession.
Grading AbenomicsTOKYO – It has been almost a year since Prime Minister Shinzo Abe launched his plan to lift Japan’s economy out of two decades of deflation and
recession.
After all, the poor seem to be everywhere and are increasing in numbers due to global recession, population growth, and economic mismanagement from Argentina to Zimbabwe.
And, with a self-inflicted fiscal cliff looming – one that could send our country back into recession, pulling the rest of the world with us – businesses are reluctant to hire and invest in new capital goods.
The argument seems simple: only a massive dose of government spending and massive central-bank support for the financial system prevented a slide into a second Great Depression, so more of the same medicine is now needed to prevent a slide back into
recession.
As we have witnessed in recent years, such interventions can be the difference between financial chaos and collapse and mere retrenchment and
recession.
NEW HAVEN – Since the global financial crisis and
recession
of 2007-2009, criticism of the economics profession has intensified.
The likelihood that the Fed would have to take drastic steps to curb galloping inflation, together with the effects of the 1979 oil crisis, made a serious
recession
quite likely.
The Pact is already knocking Germany into recession, and Italy's government is struggling to revise its growth forecasts fast enough to keep up with falling output.
The last time an American government tried to ensure a balanced budget in the face of a
recession
was over seventy years ago, during the presidency of Herbert Hoover at the outset of the Great Depression.
On the contrary, whenever
recession
threatens, political debate revolves around whether they need to be reinforced by additional stimulus via discretionary fiscal policy.
Europe has committed itself to fiscal responsibility--with almost too much zeal, failing to recognize that a well designed deficit in times of
recession
may yield high returns.
A
recession
almost always implies a disproportionate fall in investment.
More importantly, capital restrictions meant that when Latin America was sent into
recession
and depression later in the decade, as speculative capital fled most Latin American countries, Chile was largely spared.
This problem arose in the United States after the 2001
recession.
In November 2010, he described Osborne as “a menace to the future of the economy” whose policies “doomed [the UK] to years of interminable recession.”
Without a fall in the dollar and the resulting rise in net exports, a higher saving rate and reduced consumer spending could push the US economy into a deep
recession.
But, in a world where China links its currency to the dollar at an under-valued parity, the dollar’s depreciation risks major global economic damage that will further complicate recovery from the current worldwide
recession.
As a result, China’s trade surplus with the US rose from $83 billion in 2001 to $258 billion in 2007, just before the
recession.
The world economy has paid dearly for complicity with and silence about the economic policies of the last 15 years, which have culminated in the deepest and most dangerous
recession
since the 1930’s.
A war in the Persian Gulf – still the world’s gas station – would affect oil exports for some time, and energy prices would skyrocket, dealing a severe blow to a global economy that is teetering on the brink of
recession.
They had responded to the global
recession
with the kind of Keynesian fiscal and monetary stimulus that the moment required.
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