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Recession

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In 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 recession

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Yahoo slump eases as 3Q profit more than triples (AP)

Yahoo profits rise in 3Q, will revenue follow?

Technology / Business

created Oct 20, 2009 | popularity not rated yet | comments 0

(AP) -- Yahoo Inc. has pumped up its profits by laying off workers and weeding out unpopular Internet services.


Google ready to open wallet again after stellar 3Q (AP)

Google ready to open wallet again after stellar 3Q

Technology / Business

created Oct 16, 2009 | popularity 5 / 5 (3) | comments 2

(AP) -- Google Inc.'s earnings and stock price are soaring again - and so is the Internet search leader's optimism.


Google's growth accelerates as 3Q profit rises (AP)

Google's growth accelerates as 3Q profit rises

Technology / Business

created Oct 15, 2009 | popularity 5 / 5 (1) | comments 0

(AP) -- Google Inc. shifted into a higher gear in the third quarter and began to leave the recession behind as the 11-year-old Internet search leader recorded its biggest profit yet.


Google's slowing ad sales trump record 2Q profit (AP)

Google's slowing ad sales trump record 2Q profit

Technology / Business

created Jul 16, 2009 | popularity 5 / 5 (1) | comments 0

(AP) -- Google Inc. made more money than ever in the second quarter, even though its revenue growth slowed like never before.


TV makers hope thin is in for newest sets (AP)

TV makers hope thin is in for newest sets

Electronics / Consumer & Gadgets

created Jul 06, 2009 | popularity 2.7 / 5 (6) | comments 2

(AP) -- Lee Richman installs high-end home theater systems that can cost as much as $170,000. Lately, he's noticed that some of his clients - or their interior designers - are perking up when they hear about ...


New treatment for receding gums: No pain, lots of gain

Medicine & Health / Diseases

created Jul 01, 2009 | popularity 4.6 / 5 (5) | comments 1

Tufts dental researchers conducted a three-year follow-up study that examined the stability of a treatment option for receding gums and found that complete root coverage — the goal of the surgery — had been maintained. This ...


Japan's top chipmaker Toshiba posts record loss (AP)

Japan's top chipmaker Toshiba posts record loss

Technology / Business

created May 08, 2009 | popularity 5 / 5 (1) | comments 1

(AP) -- Japan's top chipmaker Toshiba Corp. tumbled to a record annual loss amid sinking global demand that has forced it to cut thousands of jobs.


Sometimes the next big thing is no big deal

Technology / Hi Tech

created May 07, 2009 | popularity 3.5 / 5 (4) | comments 2

I unpacked my vintage earphones and compact disc player on a recent flight to Washington and settled back for a few hours of uninterrupted fumbling with CDs and untangling various cords and wires.


More cell phone users dropping landlines (AP)

Phone home and call likely answered on the cell

Technology / Telecom

created May 06, 2009 | popularity 5 / 5 (1) | comments 0

(AP) -- In a high-tech shift accelerated by the recession, the number of U.S. households opting for only cell phones has for the first time surpassed those that just have traditional landlines. It is the ...


Survey: 22 pct of Internet users ditch newspaper

Technology / Internet

created Apr 30, 2009 | popularity not rated yet | comments 0

(AP) -- Sure, plenty of readers are turning more to the Web for newspaper and magazine stories, but are they giving up on print altogether? In many cases, yes, according to a recent study by the University of Southern California's ...


Yahoo's feeble 1Q triggers nearly 700 more layoffs (AP)

Yahoo's feeble 1Q triggers nearly 700 more layoffs

Technology / Business

created Apr 21, 2009 | popularity not rated yet | comments 0

(AP) -- Yahoo Inc.'s first-quarter results tread familiar ground as the Internet company's financial erosion triggered another round of layoffs and management promised better days ahead.


Sun, IBM buyout talks in limbo

Technology / Business

created Apr 17, 2009 | popularity 5 / 5 (1) | comments 0

Representatives of Sun Microsystems met earlier this week with advisers for IBM in an effort to restart buyout talks that stalled earlier this month, but no deal was reached.


Google's search for savings boosts 1Q profit 9 pct (AP)

Google's search for savings boosts 1Q profit 9 pct (Update 2)

Technology / Business

created Apr 16, 2009 | popularity 1 / 5 (1) | comments 1

(AP) -- The recession is prodding Google Inc. to grow up faster than a lot of people anticipated.


Kaoru Yano, President of Japan's electronics giant NEC

Japanese firms in talks on microchip merger

Technology / Business

created Apr 16, 2009 | popularity not rated yet | comments 0

Renesas Technology Corp. and NEC Electronics Corp. are in merger talks to create Japan's top chipmaker as they seek to survive the global recession, reports said Thursday.


Dell to cut further 230 jobs in Ireland

Dell to cut further 230 jobs in Ireland: report

Technology / Business

created Mar 20, 2009 | popularity not rated yet | comments 0

US computer giant Dell is set to lay off up to 230 more workers in Ireland as a part of cost-cutting plans, RTE state radio said on Friday.