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 economic 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. ...
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 ...
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.
As phones get smarter, game makers ring the changes
Sep 29, 2009 |
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Tetsuya Ide doesn't own an iPhone, but the teenage computer boffin is betting that Apple's hit gadget is the key to having a new generation of video game players in the palm of his hand.
Xerox, Dell mergers reveal the draw of IT services
Sep 28, 2009 |
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Back-to-back merger deals involving Xerox Corp. and Dell Inc. highlight a major trend in the corporate tech market where the ability to offer services has increasingly become key to being competitive, some analysts say.
Australian population growth fastest for 50 years: data
Sep 22, 2009 |
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Australia's population grew at its fastest rate in 50 years in the 12 months to March thanks to a surge in migrant numbers, official figures showed Tuesday.
Recession? What recession? Unionization up on state, local levels
Sep 07, 2009 |
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Against all odds, organized labor managed to make new inroads during the economic upheaval of the past year, new findings from UCLA's Institute for Research on Labor and Employment (IRLE) suggest.
Chips' year-over-year sales fall 18 percent in July, SIA says
Aug 31, 2009 |
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Global chip sales fell a little more than 18 percent in July from the year-earlier period, but in a sign of improving demand, semiconductor revenue rose on a month-to-month basis for the fifth time in a row, an industry group ...
Retirees' health-care benefits at risk, study warns
Aug 18, 2009 |
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A nearly two-decade trend that is stripping away employer-provided health-care benefits for retirees in private business will likely continue and could soon hit an even deeper pool of government retirees, new research by ...
Researcher: Businesses can survive recession by capitalizing on positivity
Aug 18, 2009 |
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(PhysOrg.com) -- Layoffs. Pay cuts. Hiring freezes and mandatory furloughs. The economy's effect on the average employee has been profound in the last year. In such an environment, staying upbeat on the job can be difficult. ...
Japan's Hitachi posts first-quarter loss
Jul 28, 2009 |
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Japanese high-tech giant Hitachi announced Tuesday a net loss of 82.7 billion yen (870 million dollars) for the fiscal first quarter with sales down heavily amid the economic downturn.
