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
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.
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.
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.
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. ...
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 ...
Toyota rolls out new Prius to fend off rivals
May 18, 2009 |
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Toyota Motor on Monday rolled out a cheaper, revamped Prius, seeking to boost its flagging sales and maintain its lead in fuel-sipping hybrids in the face of growing competition from rival Honda.
Happiest European children in Netherlands, Britain ranks low
Apr 21, 2009 |
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The happiest children in Europe are in the Netherlands and Scandinavia but Britain is among the worst places to grow up, according to new British research published Tuesday.
Defying recession, Japan's green cars surge in popularity
Jun 04, 2009 |
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Defying the worst recession in decades, green cars in Japan are gaining ground against conventional gas-guzzlers, offering automakers hope of re-energising a flagging domestic market.
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.
Declining road fatalities: Less driving not the only cause
Jun 04, 2009 |
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(PhysOrg.com) -- Fewer Americans are dying on our nation's roads, not only because they are driving less, but also because the type of driving has changed, says a researcher at the University of Michigan Transportation ...
Expos showcase future of renewable energy: Fuel-efficient car, high-tech batteries shine at exhibitions
Feb 26, 2009 |
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One of the few bright spots in the dark days of the global economic downturn is the field of renewable energy.
Japan's Sharp reports 1.3 bln dollar annual loss
Apr 27, 2009 |
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Japanese electronics giant Sharp Corp. announced an annual net loss of 1.3 billion dollars, its first ever, due to a slump in sales, but it forecast a return to profit this year.
Adobe 1Q profit, sales drop, squeezed by downturn
Mar 17, 2009 |
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(AP) -- Adobe Systems Inc., the company behind the popular Photoshop software, posted a decline in fiscal first-quarter profit and sales Tuesday, squeezed by the economic downturn.
Honda says to open bio-ethanol research centre
Feb 26, 2009 |
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Japan's Honda Motor Co., seeking a boost in the race to build greener automobiles, said Thursday it would open a research centre to develop and produce bio-ethanol fuel from non-edible plant matter.
