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
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 ...
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Highest jobless rate in three decades causes drop in consumer confidence
Nov 24, 2009 |
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(PhysOrg.com) -- Florida's consumer confidence fell three points to 69 in November amid continued concerns over the state?s high unemployment rate, according to a new University of Florida survey.
Retailers look to stretch out Cyber Monday push
Nov 23, 2009 |
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(AP) -- Retailers are thinking beyond Cyber Monday - a holiday marketing promotion many push for the Monday after Thanksgiving - and trying to spin their discounts into into Cyber Weekends or even Cyber Weeks.
UN: HIV outbreak peaked in 1996
Medicine & Health / HIV & AIDS
Nov 24, 2009 |
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(AP) -- The number of people worldwide infected with the virus that causes AIDS - about 33 million - has remained virtually unchanged for the last two years, United Nations experts said Tuesday.
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