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- Recession
- a stage of the business cycle in which economic activity is in slow decline. Recession usually follows a boom, and precedes a depression. It is...
- Recession definition on BNET »
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- U.S. in "awfully Pale recession," Greenspan Quoted
- NEW YORK (Reuters) - The United States has fallen into an "awfully pale recession" and may remain stagnant for the rest of the year, former Federal Reserve chairman Alan Greenspan was quoted on Monday saying. "We're in a recession," Bloomberg news agency reported...
- News items 2008-05-05
- Buffett Says Economy is in recession
- OMAHA, Nebraska (Reuters) - Warren Buffett, the world's richest person, said on Sunday the U.S. economy is in recession, "as I define it." Buffett's comment was at odds with a U.S. Commerce Department report last week showing the economy grew at a 0.6...
- News items 2008-05-04
- Who's Your City: How Creative Class Cities Will Beat the recession
- In this interview with BNET, Richard Florida explains why his latest book “Who’s Your City?” matters to workers during a recession and how a business's location affects not only the talent pool, but also its ability to innovate. ...
- Articles 2008-03-20
- Keep Your Company Strong in a Slow Market
- Every company needs to change its tactics during an economic slowdown. Here’s how the smart ones survive. How Banks Pulled Through the 2001 Recession Source: Federal Reserve Bank of New York Financial institutions came...
- Articles 2008-02-22
- Real Estate Cycles and the Outlook 2003
- The article states that this stage in the real estate cycle calls for a closer look at the turning points in the short term as well as the outlook for fundamentals in all five property types. The recession has created a “jobs deficit” that must be filled. Similarly, the different...
- White papers 2003-02-10
- Bring on the recession
- Many senior managers, especially in North America, have little or no experience steering their firms through a recession. So when the next recession arrives, they’re likely to react instinctively and hunker down with fixed cuts across the board. A recession is always under way somewhere around the globe. The first...
- White papers 2003-01-01
- Making Sense of Corporate Downsizing
- Downsizing is an inherent dynamic of a capitalistic system, reflecting growth and opportunity. It reduces costs of goods and services to consumers and provides profits to investors that are needed to generate more jobs. Firings no more represent job loss than the obituaries represent a population decline. Deaths notwithstanding, populations...
- White papers 2003-01-01
- Is That a Light at the End of That Tunnel?
- The article asserts that it was not exactly economic salvation, but word of potential good news for next year's advertising revenue from newspaper publishers, broadcasters and some online analysts this week might indicate the early signs of economic recovery. The shaken confidence in advertising's effectiveness and the profound and wide-ranging...
- White papers 2001-12-06
- Deflation and the U.S. Economy
- The article is about the downturn in the US economy. It’s been six months since the once invincible US economy has plunged into significant weakness. A recession has yet to take place, nor is one inevitable or even likely, although it remains a significant possibility. What is especially alarming is...
- White papers 2001-04-13
Additional Resources
- States of recession
- WHEN the economy enters recession, some regions are hit harder than others. Two things about the current episode merit especially close attention: the narrow geographic focus of the hardest times, and the uneven political distribution of the downturn. The nearby map illustrates current economic conditions and traditional voting...
- Articles 2008-05-19
- Why we choose to scale the heights
- Teetering and liable to crash: not only a description of a novice wearer of seven-inch heels but also of the state of the nation. The rise and fall of hemlines is supposed to correspond with the ups and downs of the economy, with confidence-exuding short skirts reflecting...
- Articles 2008-05-08
- Nation's credit crisis may be fading
- WASHINGTON -- The worst of the nation's credit crisis may have passed, Treasury Secretary Henry Paulson said Wednesday, although he acknowledged rising gas prices will blunt the effect of 130 million economic stimulus checks. He ruled out a second stimulus package for now. In...
- Articles 2008-05-08
- BAT strikes it lucky with steady marketof a billion smokers
- THE INVESTMENT COLUMN Our view: Buy Share price: 1994p (+56p) Tobacco stocks may not be recession-proof, but at the moment they are looking recession-resistant. The two listed behemoths of the British market, British American Tobacco and Imperial Tobacco, have traditionally been...
- Articles 2008-05-08
- U.S. recession Is Here; Impact on California to Be More Severe Than for Rest of the U.S., According to Milken Institute
- Whether or not the National Bureau ofEconomic Research calls it a recession, consumers, homeowners, investorsand businesses won't waste any time on the semantics because it willcertainly feel like one. A new report from the Milken Institute states thatthe recession has arrived, with real GDP declining at an annual rate of...
- Articles 2008-05-08
- Hong Kong
- WORLD MARKETS Stocks moved higher, led by gains in telecommunications companies on hopes of a restructuring in China. The Hang Seng Index rose 78.18 points, or 0.3 per cent, to 26,262.13. Analysts expect trading to be choppy as a potential recession...
- Articles 2008-05-07
- iVoice Technology to Invest $500,000 in B Green Innovations to Develop Environmental Technologies
- MATAWAN, N.J. -- iVoice Technology, Inc. (OTC Bulletin Board: IVOT) announced today that it has agreed to invest up to $500,000 in B Green Innovations, Inc., its wholly-owned subsidiary, to develop and commercialize its "green" technology platforms. The first technology will be used to recycle tires. Recently, iVoice announced that...
- Articles 2008-05-07
- City Council holds private budget talks
- City Council members spent much of yesterday in private meetings with senior administration aides as both sides sought to narrow differences on a $4 billion city budget that they hope will be ready for an initial vote one week from tomorrow. If no vote occurs that day, Council will have...
- Articles 2008-05-07
- Interest rate cut equates to lower return on savings income
- Facing turmoil in the housing and credit markets, a weakening dollar and growing fears of a recession, the Federal Reserve slashed U.S. interest rates by three-quarters of a percentage point March 18, capping off one of the most aggressive series of cuts in U.S. history. The move is designed to...
- Articles 2008-05-06
- Nation's service sector expands unexpectedly
- NEW YORK -- Data showing an unexpected expansion in the service sector in April raised hopes that the U.S. economy will be spared a sharp downturn even though many observers feel it is already in a mild recession. Some analysts saw the report, coupled with Friday's better-than-...
- Articles 2008-05-06
- PrideStaff: Staffing Industry Offers Ray of Light for Businesses During Rough Economic Times
- FRESNO, Calif. -- No one really wants to talk about the "r" word, but recession has been a recent focus with the state of today's economy. While many companies throughout the country have been forced to lay off employees to address the spiraling down economy, the staffing industry has become...
- Articles 2008-05-06
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