Likewise recessions or economic busts are set in motion if people suddenly change their psychology and stop spending. |
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Each of the last six recessions in the US was preceded by an inversion in the yield curve. |
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And price wars typically break out during recessions as vendors battle for consumers. |
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When recessions were a regular feature of the economic environment, they were often viewed as inevitable. |
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Concentrating on consumption at the expense of production is a recipe for prolonging recessions. |
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It is reported that their record in forecasting recessions is only half as good as tossing a coin. |
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In some ways, this recession has not been as hard on low-wage workers as earlier recessions. |
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As political economists have always emphasised, periodic recessions are endemic to capitalism. |
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The trend has surprised industry observers, who say soju has been immune to the effects of economic recessions in the past. |
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Economists fear unemployment is likely to persist for longer than in previous recessions. |
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It does so because it believes that recessions are a great time to gain ground on the competition. |
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The only other comparable errors occurred in 1982 and 1991, years affected by unpredicted recessions. |
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Skirts are observed to shorten in boom times and lengthen during recessions. |
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Compared to other post-war recessions, the downturn of 2001 is one of the shallowest on record. |
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The average length of the last 10 recessions has been just under 11 months. |
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The sources of these recessions varied, but all were mercifully brief, thanks in some measure to government policy. |
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Yes, consumer confidence has proved far more robust than in previous recessions. |
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It has lasted for a long time, through depressions, recessions, slumps, civil wars and world wars. |
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Just as the mass extinctions were associated with climatic shifts, depressions and recessions often reflect changing economic conditions. |
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Most of the worst recessions and depressions occur the year following an election. |
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They tolerated the gyrations of the business cycle more willingly, including dozens of recessions and several deep economic depressions. |
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They have developed a close relationship between stock market crashes and the economic recessions and depressions that follow them. |
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According to him, the original estimate did take into account periodic recessions and depressions in the stock market. |
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This obviously buoys the market in good times and smooths its falls in recessions. |
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Most disturbing, history teaches us that conditions in the labour market tend to go downhill very rapidly when recessions begin. |
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Income suffered during both recessions that took several years to bottom out, recover and then reach new peaks. |
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The gap between the two rates is not constant, however, with the differential traditionally being greatest during recessions. |
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Madam President, once again we are indulging the fantasy that you can spend your way out of debt and legislate against recessions. |
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The spring freshet is less pronounced at Strong Point, but the summer, fall and winter recessions are still evident. |
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Corporate profits, volatile at the best of times, are usually the punching bag of recessions. |
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Japan is in its best position since 1989, when a financial crisis plunged its economy into a despond of repeated recessions and slow growth. |
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Mr. Speaker, it is common knowledge that recessions do not last forever, which is a darn good thing. |
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The thinness of last year's Queen's Speech was understandable: recessions have a way of shunting most other policy issues to the margins. |
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Thus the latter's cyclical responsiveness attenuates the rise in unemployment during recessions and its decline during recoveries. |
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This is a region with an unsurpassed ability to export wars and recessions. |
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Some point out that supplemental UI benefits have been in place longer and paid out more than in past recessions. |
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We can be proud of the way our workforce reacted quickly to one of the worst recessions in decades. |
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This capital shallowing is reflected in the productivity puzzle: UK GDP per hour has not recovered as it did in previous recessions. |
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A YWCA policy paper, released in January of this year makes it clear that recessions, like the one that we are in now, hit women hard. |
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In Latin America, recent recessions have lasted longer and cut deeper than elsewhere, and inflation and economic output have fluctuated wildly. |
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The number of manufacturing workers reached a new low in August 2009slightly lower than the troughs of the early 1980s and 1990s recessions. |
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The delayering thrust in organizations is said to occur due to technological change, increased global competition, and retrenchment during recessions. |
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Economic recessions are predominantly the result of insufficient demand. |
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Even worse, recessions that reduce the value of retirement assets will also tend to hit wage income and home equity. |
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In the past, productivity almost always fell during recessions because both labor and capital were underutilized as output sagged or grew more slowly. |
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Unlike some previous recessions, the current US slowdown seems to have been caused not by reluctant consumers, but by a sudden slump in company spending. |
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The unemployment rate went up sharply during the last two recessions, and so did the poverty rate. |
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Jobs were being shed in many parts of Canada, including many parts of this country that had not suffered job losses in previous recessions. |
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The long fibre market has been profitable for several years and seems to be much less subject to cyclical recessions. |
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However, it is important to stress that unlike recessions, the economic impact would be gradually felt over a decade. |
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It started with the US, but Europe and Japan will suffer as deep or even deeper recessions with no real end in sight. |
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People who have sensitive teeth or gums, including sensitivity associated to gingival recessions or defective fillings. |
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It is one of the more volatile economies within the euro area, and had one of the most severe recessions. |
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Both point out how small caps have been the first to recover in recent recessions. |
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Young workers are hard hit by recessions, since new hiring tends to come to a halt, and only slowly picks up in periods of recovery. |
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This is why we believe that recovery will be slower than in past recessions. |
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From the point of view of employment and unemployment, however, the program as a whole had a countercyclical behaviour during the last two recessions. |
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On those rare occasions when economists did successfully predict recessions, they significantly underestimated their severity. |
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High private debt levels also impact growth by making recessions deeper and the following recovery weaker. |
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While India, Uzbekistan, China, and Iran experienced slowing growth, they did not enter recessions. |
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Such synchronized recessions were explained to last longer than typical economic downturns and have slower recoveries. |
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Keynesians emphasize reducing aggregate demand during economic expansions and increasing demand during recessions to keep inflation stable. |
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Low prices in the sugar market in the 19th century caused severe recessions on the islands. |
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Disease control, global recessions and climate change are all global obstacles, which can only be tackled with a global commitment between countries. |
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Passenger levels have fluctuated since then, increasing during periods of economic growth and falling during recessions. |
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Japan's business confidence hit a record low after slumping global demand has halved the nation's exports, pushing the country into one of its worst recessions. |
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But we won't necessarily do the deals that the other guys will because that means they'll have to pull back more so than we will when the recessions do hit, inevitably, in the business cycle. |
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Extensive poverty, organised crime, institutionalised violence and serious recessions may have the same adverse impact on global stability and security as military or terrorist action. |
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Banks normally get into trouble in recessions. |
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For more than 100 years, dedicated members have enabled the Union to weather recessions, depressions, and changes in the political climate that have not always been hospitable to organized labor. |
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The style of these sculptures is marked by an extremely smooth, continuously undulating surface, given strength by a system of clear, broad frontal planes and side recessions related to the foursquare block. |
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The amount to be kept in reserve is to be sufficient to allow the sponsor to continue to fund the pension plan during times of business recessions or in periods of low interest rates or low returns on investments. |
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However, considerable risks remain and the committee will remember past recessions that featured false dawns and 'double dips', which it will be keen to avoid. |
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And all, whether singly or in combination, have preceded previous recessions. Each recent day has brought more signs of a slowdown in the American economy. |
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Consumer-led recessions can only happen if income growth turns negative. |
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In the same way, recessions become self-fulfilling prophecies when doomsayers predict the collapse of the property market. |
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Some commentators feel that recent dynamic risk management techniques, using credit derivatives and securitisation have helped the system to cope with recessions better by transferring risk and spreading it more evenly. |
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In the previous two recessions, it took 32 months for nonfarm employment to reattain its June 1990 peak, and 48 months for it to reattain its January 2001 peak. |
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But recessions are not good times to persuade foreigners to spend freely. |
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The last two recessions spanned six and eight quarters, respectively. |
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Short and long-term disability claims also tend to increase sharply during recessions, particularly those related to stress and psychiatric illnesses. |
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An important remaining question is whether we can ascertain why the disinflations following the 2001Q1 and 2007Q4 recessions were so muted. |
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This was reduced at 12 months postoperatively to 1.75 prism diopters in the myectomies and to 3 prism diopters in the recessions. |
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That is obviously a priority when the country is imploding and we are trying to climb out of one of the worst recessions in living memory. |
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Fertility rates have declined during recessions and increased in the later years of expansions. |
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The number of undergraduates who major in these areas tends to dip during recessions, as practical concerns about postgraduation employment loom larger. |
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Planning will allow an individual to accomplish more in the long run and be less susceptible to the financial pressure brought about by recessions. |
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Homebuilding has often led the economic recovery from national recessions due to its strong job multiplier effect and because increased housing starts and home sales represent renewed economic confidence. |
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Foreign money fled, setting off deep recessions. |
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This town, which has suffered over various recessions, had real economic difficulties, deindustrialisation, in the seventies and eighties, hit us hard as a town. |
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Their dependence on family support and social services makes them particularly vulnerable to prolonged recessions and reduction in national budgets and social spending. |
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One such shape-shift occurred following the Volcker recessions of the early 1980s, after which the Fed successfully achieved a low and stable rate of inflation with a long-run disinflationary bias. |
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Hemlines, alcohol consumption, laxative sales and even who wins the Super Bowl have all been proposed as ways to chart recessions, with varying degrees of success. |
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However, the last two recessions have resulted in some of the highest unemployment rates on record in a number of Eurozone countries. |
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Stock market gyrations, recessions, periods of high inflation and now, unusually low interest rates and the risk of terrorism, challenge mutuals and stocks alike. |
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Such a model does not work in a stop-go economy with frequent recessions. |
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Apart from the odd high-street name such as Woolies or Comet, there have been no great business bankruptcies – partly because Britain has so few big industrial employers left after the Thatcher and Major recessions. |
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But, the hard reality of recessions, pending bankruptcies or market dislocations do occur and employers and plan sponsors can and do have the ability to react to them. |
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The Report emphasises that despite some clear signs of improvement in the US economy, the frequent occurrence of double dips in past US recessions calls for some prudence. |
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A new branch of economy, the Dot-com company, grew for many years, but finally saw one of the biggest recessions ever seen in a branch of business. |
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For several weeks now, we have all been riveted by what is happening in the economy: roller-coaster financial markets, and serious predictions of slowdowns or even recessions. |
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In the past, the tendency has been for the public finances to deteriorate rapidly in recessions and bounce back even more smartly than forecast during recoveries. |
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In past recessions, drugstores were virtually immune from a turndown. |
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One problem with that conclusion is the fact that there have not been a lot of recessions, at least not enough to make a meaningful statistical inference. |
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