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.
This text uses material from Wikipedia and is available under the GNU Free Documentation License.
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. ...
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 ...
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.
Illness, medical bills linked to nearly two-thirds of bankruptcies
Jun 04, 2009 |
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Medical problems contributed to nearly two-thirds (62.1 percent) of all bankruptcies in 2007, according to a study in the August issue of the American Journal of Medicine that will be published online Thursday. The data w ...
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.
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.
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.
Nokia profit plunges 90 percent in Q1
Apr 16, 2009 |
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(AP) -- Nokia Corp. on Thursday said profits plummeted 90 percent in the first quarter because of fading demand for mobile phones amid the worldwide downturn - but its shares surged as analysts had expected ...
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.
Money management sites promise financial salvation
Mar 17, 2009 |
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Money management websites promising to save the Internet generation from financial disaster have made their case to technology trendsetters.
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.
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.
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.
