Recessions and Depressions

1-17 of 27 results

State tax push makes U.S. firms wary of adding jobs

Reuters US Online Report Domestic News yesterday

OVERLAND PARK, Kansas (Reuters) - Dave Huston's Kansas-based plastics company is down to 34 employees from 63 a year ago. With the U.S. recession starting to retreat, he would like to add back workers but will likely buy new equipment instead. The ...

US third quarter growth revised down to 2.8%

AFP American Edition yesterday

US economic growth in the third quarter was slower than initially estimated, the Commerce Department said Tuesday, cutting its estimate to a 2.8 percent annual pace of expansion. The gross domestic product (GDP) figure was revised down from last month's estimate of ...

Goodbye jobs, hello mom and dad, say young adults

AP News yesterday

Movin' up? Nope, young adults moving back in with mom and dad as job prospects dwindle Faced with limited job options, many young adults are turning to an old standby to weather the recession: moving back in with mom and dad. Nearly ...

S.Africa leaves recession with 0.9% growth

AFP Global Edition 2 days ago

The South African economy has escaped from recession with growth of 0.9 percent in the third quarter of 2009, official data for gross domestic product showed on Tuesday. "The seasonally adjusted real gross domestic product (GDP) at market prices for the third ...

S.Africa reports recession over with 0.9% growth

AFP Global Edition 2 days ago

The South African economy has escaped from recession with growth of 0.9 percent in the third quarter of 2009, official data for gross domestic product showed on Tuesday. "The seasonally adjusted real gross domestic product (GDP) at market prices for the third ...

HOW WEÕRE DOING THE STATE of THE UNION ACCORDING to THE BROOKINGS INSTITUTION

Las Vegas Sun 2 days ago

THE STATE of THE UNION ACCORDING to THE BROOKINGS INSTITUTION AN INDEX of THREE FACTORS The economyÕs expansion last quarter, for the first time in more than a year, has prompted much speculation that the recession is over. This turning point, however, ...

Home sales at 2-1/2 year high

Reuters US Online Report Top News 2 days ago

WASHINGTON (Reuters) - Sales of previously owned U.S. homes jumped last month to their highest level in more than 2-1/2 years, but a fall in an economic gauge was a reminder that recovery from recession would be patchy. Sales of existing home ...

Economic survey: Job losses to bottom out in 1Q

AP News 2 days ago

Forecasters expect job losses to bottom out in 1Q 2010 but unemployment to remain high Economists expect the joblessness that has weighed down the nation's economic recovery will start to slowly abate in 2010, but they predict consumers will continue to keep ...

British leaders clash over public finances, recovery

AFP Global Edition 2 days ago

Britain's political leaders clashed Monday at a key business conference over how to fix rocketing public debt and spark economic recovery, with an election looming next year. Prime Minister Gordon Brown, main opposition Conservatives leader David Cameron and Liberal Democrat chief Nick ...

Leaders clash over public finances, recovery

AFP European Edition 2 days ago

Political leaders clashed Monday at a key business conference over how to fix rocketing public debt and spark economic recovery, with an election looming next year. Prime Minister Gordon Brown, main opposition Conservatives leader David Cameron and Liberal Democrat chief Nick Clegg ...

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