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Recession in sentence

2506 examples of Recession in a sentence

The severe recession, combined with the financial crisis during 2008-2009, worsened developed countries’ fiscal positions, owing to stimulus spending, lower tax revenues, and backstopping and ring-fencing of their financial sectors.
If they remove the stimulus too soon by raising taxes, cutting spending, and mopping up the excess liquidity, the economy may fall back into recession and deflation.
A disorderly rush to the exit could lead to a dollar collapse, a spike in long-term interest rates, and a severe double dip recession.
To be sure, Europe will not be spared the pain of a recession.
A botched bank-recapitalization plan and the cloud of uncertainty hanging over the euro mean that recession is already baked in.
It is a sad state of affairs when a recession qualifies as muddling through.
Thus, while growth next year is likely to fall well short of 3%, the US should be able to avoid a double-dip recession.
In many rich OECD countries, the financial crisis and recession have made government intervention popular again.
For me, a compelling hypothesis is that workers, shaken by the 2008 financial crisis and the deep recession that resulted, have grown afraid to demand promotions or to search for better-paying employers – despite the ease of finding work in the recently tight labor market.
In fact, the monetary union has become a political and economic nightmare, plagued by recession, record-high unemployment, social unrest, and rising distrust among member states.
With advanced economies struggling to avoid financial collapse, escape recession, reduce unemployment, and restore growth, central banks are being called upon to address, sometimes simultaneously, growing imbalances.
Asia Enters the StormBERKELEY – As 2011 draws to a close, there are growing signs that Asia is becoming caught up in the global slowdown, dashing hopes that the region’s economies would “decouple” from the prolonged recession in Europe and America’s lackluster recovery.
This has made it extremely difficult for the Fed to normalize policy interest rates (still only 1%) so that it has room to cut them when the next recession hits, which it inevitably will.
(The odds of a recession hitting in any given year are around 17%, and that seems like a good guess now.)
If Powell and the Fed cannot normalize interest rates before the next recession, what will they do?
Given that monetary policy is the first and best line of defense against a recession, an urgent task for the new chair is to develop a better approach.
If Russia could not afford a 4%-of-GDP defense budget in good times, it cannot possibly manage such a high rate of military spending now, when it confronts rock-bottom oil prices, Western sanctions, and economic recession.
Inflation has surpassed the double-digit mark, forcing the central bank to raise interest rates – an approach that is unsustainable, given the deepening recession and the ballooning cost of servicing Brazil’s rapidly growing debt.
African Opportunities, Global BenefitsNEW YORK – The global economic recession has translated into a development crisis for Africa, which is revealing the continent’s vulnerability not only to economic contraction but also to climate change.
A Tale of Two American EconomiesNEW YORK – While the United States recently reported 3.5% GDP growth in the third quarter, suggesting that the most severe recession since the Great Depression is over, the American economy is actually much weaker than official data suggest.
So, while the US may technically be close to the end of a severe recession, most of America is facing a near-depression.
All of this changed abruptly when the American economy fell into a deep recession at the end of 2007.
Household wealth is now $10 trillion dollars less than it was before the recession began.
If that were to happen quickly, total spending could decline, pushing the economy into a double-dip recession.
It is a predictable result of the recession and slow recovery that have left millions of Americans without health insurance and dampened household spending.
But the size of the slowdown is surprising, as is the fact that it started several years before the 2008 recession – and not only in the private insurance system, but also in Medicare and Medicaid, the two major government health programs.
As a result of the recession and lagging recovery, health-care spending has also slowed significantly since 2009 throughout the OECD.
Based on the relationship between changes in real per capita health-care spending and changes in unemployment rates at the state level, the recent Economic Report of the President concludes that the recession and lackluster recovery account for less than 20% of the slowdown in health-care spending since 2007 – and for an even smaller share of the slowdown that began in 2002.
With every recession, many shops on Main Street disappear; and, over time, new shops – generally more successful – appear.
Small firms and startups must always struggle for credit, and the Great Recession that followed the 2008 financial crisis made it harder for them.
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