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Topic: Recession

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Economic depression

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List of recessions

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Late eighties recession

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In the News (Fri 25 Jul 08)

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	Despite Recession, Black Child Poverty Plunges to All-Time Historic Low
		The failure of child poverty to rise during a recession is highly unusual.
		During the 2001 recession, this long-standing pattern was reversed; poverty among non-Hispanic white children increased (from 9.1 percent to 9.5 percent) while poverty among fl and Hispanic children actually fell.
		In all recessions since the beginning of the War on Poverty in the mid-1960s, child poverty has increased sharply; but in the recession of 2001, child poverty did not rise at all.
	www.heritage.org /Research/Welfare/BG1595.cfm (2240 words)

	The Gum Recession Project
		However, recession may occur on any of the teeth, and on either the lip/cheek side of the teeth or the tongue side or roof-of-the mouth side of the teeth.
		This type of recession is usually related to the patient being pre-disposed towards recession due to the gums being thin and fragile.
		Another type of recession is seen by patients who have gum disease that is a bacterial infection resulting from the bacteria that are normally in the mouth.
	www.gumrecession.com (524 words)

	The NBER’s Recession Dating Procedure
		The period from a peak to a trough is a recession and the period from a trough to a peak is an expansion.
		Because a recession influences the economy broadly and is not confined to one sector, the committee emphasizes economy-wide measures of economic activity.
		In determining whether a recession has occurred and in identifying the approximate dates of the peak and the trough, the committee therefore places considerable weight on the estimates of real GDP issued by the Bureau of Economic Analysis of the U.S. Department of Commerce.
	www.nber.org /cycles/recessions.html (2514 words)

	Early 2000s recession - Wikipedia, the free encyclopedia
		The Early 2000s recession was felt in mostly Western countries, affecting the European Union mostly during 2000 and 2001 and the United States mostly in 2002 and 2003.
		The Early 2000s recession had been predicted by economists for years, since the boom of the 1990s, which was accompanied by both low inflation and low unemployment, had already ceased in East Asia during that region's 1997 economic crisis.
		It can be argued that the recession lasted from 2000 through 2003, inasmuch as the average unemployment went up from 4.0% to 6.0% during this period (reaching a high of 6.5% in June 2003), before finally dropping to 5.6% in 2004.
	en.wikipedia.org /wiki/Early_2000s_recession (1157 words)

	AmosWEB: GLOSSarama: RECESSION (Site not responding. Last check: )*
		During a recession, real gross domestic product declines by 10 percent or so and the unemployment rate rises from it's full employment 5 percent level up to the 6 to 10 percent range.
		Inflation tends to be low or non-existent during a recession.
		Recession last anywhere from six to eighteen months, with one year being common.
	www.amosweb.com /cgi-bin/gls.pl?fcd=dsp&key=recession (106 words)

	TomPaine.com - The Next Recession
		The role of government spending in damping the recession and driving the recovery is evident in the employment statistics.
		From March 2001 (the beginning of the recession) to January 2006 government employment rose by 4.5 percent (one million jobs) to 21.9 million jobs.
		When the recession began, the Fed cut this interest rate aggressively, lowering it to 1.67 percent in 2002 and 1.13 percent in 2003.
	www.tompaine.com /articles/2006/03/13/the_next_recession.php (1135 words)

	Donald Luskin on Media Matters for America & the Clinton Recession on NRO Financial
		The first major article posted on the Media Matters website is an attempted exposé of the often-heard conservative claim that the last economic recession began during the Clinton administration — or, in other words, that it was already underway when George W. Bush took office in 2001.
		Most important, back then GDP growth for the third quarter of 2000 was reported at 1.3 percent — but now it's been revised all the way down to a negative 0.5 percent.
		Of course, liberals are not at all happy with NBER's judgment that the recession that began in March 2001 ended only eight months later, in November 2001.
	www.nationalreview.com /nrof_luskin/luskin200405050850.asp (1106 words)

	Is a Recession Imminent? (2006-32, 11/24/2006)
		The sharp slowdown in housing and the inverted yield curve have led to concerns that the odds of a recession have risen.
		Our review of the evidence suggests two conclusions: First, recessions appear difficult to predict; second, while the probability of a recession over the next year may now be somewhat elevated, it does not appear to be nearly as high as the yield curve suggests.
		Their recession index (which estimates the probability of recession six months hence) and variations thereof are themselves a function of two indexes for Leading and Coincident Indicators.
	www.frbsf.org /publications/economics/letter/2006/el2006-32.html (1614 words)

	Gingival Recession - 9
		The occurrence of gingival recession is a precursor to the loss of cementum, the exposure of dentin, and the subsequent development of hypersensitivity (Figure 5).
		There is some speculation that gingival recession is a natural sequela of aging.
		It is unclear whether recession occurs as a result of the aging process alone because it is difficult to eliminate the additive life-time effects of toothbrushing, the use of other oral hygiene devices, and oral habits.
	www.adha.org /CE_courses/course9/gingival_recession.htm (273 words)

	Greetings From Recession Camp
		Thus, Recession Camp was born -- a weekly series of inexpensive, casual events, such as bike rides and picnics, publicized via recessioncamp.com and an email newsletter that targets just about anyone wanting a break from the monotony.
		To be sure, the circumstances that prompted the creation of Recession Camp aren't very funny, especially since the recent pattern of layoffs shows no sign of slowing down.
		Recession Camp is an acknowledgement that we need to get a little more balance in our lives.
	www.fastcompany.com /articles/2001/09/reccamp.html (1113 words)

	Valley of the Geeks - Recession Cancelled
		Although there is no standard formula determine whether there has been a recession, the most commonly used measure is whether there has been a decline in the gross domestic product for two consecutive quarters or a failure to gain more than 10 yards in four plays.
		Recession or no, by these measures, the economy appears to be much stronger than previously thought.
		Rhoda Harley from the Mick Jagger School of Economics and Weather Forecasting in London said she remained uncertain whether it was a real recession or not.
	www.valleyofthegeeks.com /News/Recession.html (595 words)

	The Potential Impacts Of Recession And Terrorism On U.S. Cities (Site not responding. Last check: )
		Many urban residents and city officials are worried that the combined impact of the recession and ongoing terrorist threats may have a devastating effect on the health of cities.
		This paper attempts to shed light on these concerns by examining the impact of the last two recessions on large cities, by exploring recent trends that may affect the vulnerability of cities in the current recession, and by speculating on the long-term effects of terrorism on urban centers.
		The analysis is relatively reassuring about the short-term prospects for cities in the recession; the economic and social health of individual cities will depend on their industrial makeup and state-level spending decisions.
	www.brookings.edu /es/urban/publications/recessionexsum.htm (235 words)

	My Way - News
		WASHINGTON (Reuters) - Not only was the U.S. recession in 2001 the shallowest on record, it may not have been one at all -- at least in the classic sense of two straight quarterly declines, new government data show.
		Measured from the new peak, the economy shrank just 0.4 percent, keeping the recession as measured by GDP the mildest on record.
		The National Bureau of Economic Research, the unofficial but accepted arbiter of U.S. recessions, has said the downturn began in March 2001 and ended in November of that year.
	news.myway.com /top/article/id/116084\|top\|07-30-2004::08:50\|reuters.html (511 words)

	USATODAY.com - Was the 2001 slowdown really a recession? (Site not responding. Last check: )
		The president and others in his administration have argued that the recession actually began earlier, noting that last year's GDP revision showed that economic output fell at an annual rate of 0.5% in the third quarter 2000, which previously had been listed as positive.
		The question of whether a recession took place — and when it began — could gain added importance in an election year in which Democrat John Kerry is challenging Bush's handling of the economy.
		If the 2001 slowdown remains a recession, it will still be the mildest on record, with output falling just 0.2% from the fourth quarter of 2000 to the third quarter of 2001.
	www.usatoday.com /money/economy/gdp/2004-07-30-recession_x.htm?POE=MONISVA (725 words)

	Gum Recession - Thin, Fragile Tissues
		There are cases when patients cause their recession by brushing too hard, but in most cases, the patient should not feel guilty regarding the cause of their problem.
		This recession is diagnosed during the course of her orthodontic treatment.
		The primary problem with recession that is associated with orthodontic treatment is that many times the patients do not have heavy, thick layers of bone over the roots of the teeth which are to be moved.
	www.gumrecession.com /thinfragile.html (1724 words)

	Recession Scenarios by Gary North
		Historically, recessions have provided an opportunity for households and businesses to retrench and rebuild balance sheets that might have become strained late in the previous expansion.
		The response of businesses during the 2001 recession provides a classic example in this regard as investment, spending, and hiring activities were curtailed sharply from their heady, late-1990s pace.
		This is another way of saying that the next recession could be far longer than the typical post-World War II recession that lasted a year.
	www.lewrockwell.com /north/north451.html (1466 words)

	Economist predicts recession, partly linked to SARS - Apr. 2, 2003
		Morgan Stanley economist cites SARS, war uncertainties as the main causes for pending recession.
		NEW YORK (CNN) - One of Wall Street's leading economists is predicting a global recession this year, prompted in large part by fears surrounding Severe Acute Respiratory Syndrome (SARS), the "mystery illness" with cold-like symptoms that is blamed for 78 deaths in 15 countries, CNNfn has learned.
		His previous forecast was for an annual growth rate of 2.5 percent.
	money.cnn.com /2003/04/02/news/economy/sars_recession (271 words)

	eMedicine - Glaucoma, Angle Recession : Article by Brian R Sullivan, MD (Site not responding. Last check: )
		The finding of angle recession, with or without glaucoma, is a common sequela of blunt ocular trauma and one characterized by a variable degree of cleavage between the circular and the longitudinal fibers of the ciliary muscle.
		In angle recession, the ciliary body is torn in a manner such that the longitudinal muscle remains attached to its insertion at the scleral spur, while the circular muscle, with the pars plicata and the iris root, is displaced posteriorly.
		Angle recession should be differentiated from cyclodialysis, which is the disinsertion of the ciliary body from its attachment to the scleral spur.
	www.emedicine.com /oph/topic121.htm (6837 words)

	Explaining Japan's Recession - Mises Institute
		According to Keynesians, to recover from recession, government must pursue active fiscal policies by lowering taxes and raising spending to increase aggregate demand and offset the fall in investment.
		The recession or depression that follows an artificial boom is not something to avoid but is essential to the alignment of consumer time preferences and the structure of production.
		During its recession, government interventions have manifested themselves as fiscal stimulus packages involving large amounts of public works, increases in the monetary base, interest-rate cuts, bailouts and nationalization of some banks, direct government lending to businesses, and increases in government spending despite some tax cuts.
	www.mises.org /story/1099 (5222 words)

	TheStreet.com: Avoiding the Curse of the New President: Recession
		Just looking at recent history, the recessions of 1953, 1957, 1961, 1969, 1973 and 1981 all set in after a presidential election.
		That's especially true when the election has resulted in a change in party control of the White House, which means that the new team starts with "a mandate for change." The recessions of 1953, 1961, 1969 and 1981 all correspond with such a change.
		Most administrations come into office knowing that their best chance of getting anything done is at the beginning of the term -- the days before the last bit of bunting is retired on Pennsylvania Avenue.
	www.thestreet.com /funds/jubak/1156601.html (1510 words)

	Economist Panel Says Recession Began March 2001
		The announcement by the National Bureau of Economic Research confirmed that a record expansion that began in March 1991 -- after the last nine-month recession that began in mid-1990 -- was snapped exactly a decade later.
		It will be the 10th recession for the world's largest economy since the end of World War Two.
		Bernanke said the economy was "very much on the borderline" before the attacks but was tipped over by the Sept. 11 attacks, which effectively brought national commerce to a halt for a few days and left lasting scars on sectors like airlines and the tourism industry.
	www.rense.com /general17/economistpanel.htm (453 words)

	The Swamp: Combatting rising indicators of looming recession
		Recessions are not inevitable adjustments built into the clockwork of a modern economy.
		However, recessions still happen, because of external shocks - natural disasters and political events - as well as errors of judgment and greed.
		Interesting how the media seem to be pulling for a recession, even though they will be the ones most immediately affected when their advertising and profits tumble due to their maligned advertisers losing business.
	www.chicagotribune.com /business/chi-recession-swamp-link,0,2887366.storylink?track=rss (1479 words)

	Recession - Why Do We Have Recessions?
		The cause of recession is explored using a thought experiment about the smallest economic unit capable of experiencing recessions.
		The paper argues that recession is triggered by inadequate or poorly judged adaptation to ever-changing market conditions.
		A computer simulation of the model is proposed to determine whether the drift into recession is gradual or subject to a tipping point.
	www.1stannex.com /theory/recession.htm (269 words)

	The recession of 1982 was Carter’s fault
		Myth: The recession of 1982 was Carter's fault.
		Many conservatives and libertarians take it as an article of faith that the unusually severe recession of 1982 should be blamed on Carter's mishandling of the economy, even though it happened in the second year of Reagan's term.
		There was a brief and unintentional recovery in 1981, so, with inflation still high, he tightened the money supply yet again, resulting in the unusually severe 1982 recession.
	www.huppi.com /kangaroo/L-recession1982.htm (624 words)

	TheStreet.com: Looming Signs of a Global Recession
		As I noted last month, the key indicators that officially define a recession are now declining in a way seen only during recessions.
		If Germany goes into recession, which now appears to be a serious possibility, it would be the first time since the first oil shock a quarter of a century ago that the world's three largest economies would be in synchronous recessions.
		Clearly, even with a global recession looming, it is pretty much up to the Fed to try and revive global growth single-handedly.
	www.thestreet.com /comment/spincycle/1477116.html (1304 words)

	Calculated Risk: Recession Coming?
		Even before the devastation of hurricane Katrina, the US economy was apparently headed for a significant slowdown and possible recession.
		Of course, that doesn't mean a recession is inevitable.
		I believe there is a high probability of a recession in 2006.
	calculatedrisk.blogspot.com /2005/08/recession-coming.html (691 words)

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