Recession
hideIn economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.
Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.
For more information about Recession, read the full article at
Wikipedia.
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News tagged with downturn
Japan's Panasonic wins control of ailing Sanyo
Dec 10, 2009 |
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Panasonic Corp. announced Thursday it had secured a controlling stake in smaller rival Sanyo Electric Co. in a 4.6-billion-dollar takeover that revamps Japan's troubled electronics industry.
Cisco and British Telecom head for the 'cloud'
Dec 09, 2009 |
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Cisco and British telecom giant BT Group on Wednesday announced a partnership aimed at a growing hunger by businesses worldwide for Internet-based communications services.
Time Warner Cable to Comcast: Integration not easy
Dec 08, 2009 |
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(AP) -- The chief executive of Time Warner Cable Inc. offers this warning to Comcast Corp. on its purchase of a controlling stake in NBC Universal: Mixing content and distribution is harder to accomplish than it looks.
Microsoft Store mirrors popular concept of its rival
Dec 04, 2009 |
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Blink an eye, and the Microsoft Store could be mistaken for an Apple Store.
US online ad revenue down 5.4 pct in third quarter
Nov 25, 2009 |
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(AP) -- Online advertising revenue in the U.S. fell 5.4 percent in the third quarter from a year ago, as the sputtering economy kept its tight grip on even the fastest growing segment of industry, according to a report released ...
Strategic management theory offers fresh take on the economic crisis
Nov 24, 2009 |
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The recent financial crisis and resulting global economic downturn has been the most defining global economic event since the Great Depression. Now research which appears in the November issue of Strategic Organization, publis ...
Recession may be over, but recovery will be gradual
Nov 19, 2009 |
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(PhysOrg.com) -- With the severe national recession of the past two years finally behind us, the pace of economic recovery will be slow and unemployment will remain high for quite some time, say economists at the University ...
Fossil fuel CO2 emissions up by 29 percent since 2000
Nov 17, 2009 |
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The strongest evidence yet that the rise in atmospheric CO2 emissions continues to outstrip the ability of the world's natural 'sinks' to absorb carbon is published this week in the journal Nature Geoscience. ...
Dell smart phone to debut in China, Brazil
Electronics / Consumer & Gadgets
Nov 13, 2009 |
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(AP) -- Dell Inc. is officially jumping into the "smart" phone market this month in a deal with China's biggest wireless carrier, China Mobile Ltd.
Gender-based pay gaps among US faculty
Other Sciences / Social Sciences
Nov 10, 2009 |
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Before the Equal Pay Act of 1963 was signed into law by President Kennedy, women earned about fifty percent less than men. Nationally, women still earn an average of thirty percent less than men regardless of education, choice ...
Global crisis hitting IT spending: Microsoft chief
Nov 02, 2009 |
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Companies worldwide are slashing spending on information technology because of the global downturn and will have to learn to do more with less, Microsoft chief executive Steve Ballmer said Monday.
Venture-capital investments down 33 pct in 3Q
Oct 20, 2009 |
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(AP) -- Venture capitalists' investments in U.S. startups rose in the third quarter when compared with the first two quarters of the year, suggesting increased confidence in the economy. When compared with the year-ago period, ...
What does Wall Street's recovery mean to Main Street?
Oct 19, 2009 |
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(PhysOrg.com) -- The Dow Jones Industrial Average, among the world?s most closely watched stock indexes, closed above the 10,000-point mark last week for the first time since October 2008, a milestone that ...
Corporations rethinking IT's role in cutting corporate costs, boosting productivity
Oct 05, 2009 |
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The current recession has focused top information technology executives on cost-cutting, but they are not slashing jobs the way they did in previous economic downturns, according to a 2009 benchmark report commissioned by ...
German solar panel makers in trouble: federation
Oct 02, 2009 |
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German solar energy firms are in a bind, the head of a federation said in a report due out on Monday amid concern that the new German government will abandon the sector.
