Recession
in sentence
2506 examples of Recession in a sentence
Or the US could slip into
recession
(though modest growth is certainly the central scenario nowadays).
That means that the world economy is approaching a protracted deep
recession.
The continent’s economies experienced a slowdown, but not a
recession.
Official statistics for 2009 are likely to show that migrants’ remittances fell sharply, as the global
recession
severely eroded job opportunities abroad.
When economic activity starts up again after a deep recession, it will not be as a consequence of people having been compelled to channel financial resources into the projects selected as politically desirable, but as a result of new ideas.
Venezuela’s current catastrophe is another: A country that should be rich is suffering the world’s deepest recession, highest inflation, and worst deterioration of social indicators.
Following the last deep American recession, in 1981-1982, when the unemployment rate peaked at a higher level than in the recent recession, Democrats blasted President Ronald Reagan for deficits of 6% of GDP.
But the prolonged period of low interest rates that followed the 2001
recession
instead contributed to the emergence of another bubble, this time in real estate and credit.
America’s recovery from
recession
is anemic and largely jobless.
But the political risk of doing nothing if we stumble into another
recession
(as seems quite likely) is worse.
“As our country works to emerge from this recession,” its executive director wrote, “American companies need to be focused on creating jobs and encouraging innovation to put us back on a path to sustained economic growth.
Yet the end of cheap oil – along with the
recession
– invites us to escape the burden of car loans, sell the second car, drive less, car-share, choose smaller vehicles, mass transit, bicycles, or our feet, or move to walkable, transit-linked neighborhoods.
Hamilton’s sobering results show that, over the long sweep of history, every
recession
but one was preceded by an increase in oil prices, and every oil market disruption but one was followed by a
recession.
Last year, the eurozone was on the verge of a double-dip
recession.
The global economy was just emerging from the deepest
recession
in the post-World War II period.
Some argued in favor of delaying consolidation, because the economy was still in a deep recession; too harsh an adjustment, according to this view, would have a major impact on a still-weak private economy.
Having promised that rapid consolidation would be good for growth, and having delivered recession, the European Union has disappointed its citizens.
Faced with a vicious combination of collapsing housing prices and imploding credit markets, the Fed has been aggressively cutting interest rates to try to stave off a
recession.
And the ECB worries that if the US
recession
proves contagious, it may have to turn around and start slashing rates anyway.
If the US tips from mild
recession
into deep recession, the global deflationary implications will cancel out some of the inflationary pressures the world is facing.
Of course, a US
recession
will also bring further Fed interest-rate cuts, which will exacerbate problems later.
But inflation pressures will be even worse if the US
recession
remains mild and global growth remains solid.
Until now, most investors have thought that they would rather risk high inflation for a couple of years than accept even a short and shallow
recession.
We now know that some of these market emperors had no clothes, and that their activities, far from benign, could result in severe financial instability and generate serious losses for taxpayers, not to mention precipitating a global
recession.
America’s deepening
recession
is slamming China’s export sector, just as it has everywhere else in Asia.
Even prior to the onset of the global recession, there were strong reasons to doubt the sustainability of China’s growth paradigm.
The global
recession
has simply brought that problem forward a few years.
Indeed, Italy’s banks epitomize all the problems that the financial crisis brought to the country, and on which the populists are capitalizing: a double-dip
recession
followed by sluggish GDP growth, high unemployment, especially among the young, and a collapse of domestic demand.
The prolonged
recession
and economic malaise have dented the individual savings rate, while banks no longer have the resources to provide peace of mind to many retail investors, whose trust has been severely eroded.
The conservative fiscal response to the post-2008 recession, combined with the European Central Bank’s dithering before July 2012, led to excessive austerity, which wreaked havoc on the Italian middle class, pushing it toward populism.
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