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
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. ...
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 ...
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.
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 ...
