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| | Early 2000s recession - Wikipedia, the free encyclopedia |
 | | The Early 2000s recession had been predicted by economists for years, since the boom of the 1990s, which was accompanied by both low inflation and low unemployment, had already ceased in East Asia during that region's 1997 economic crisis. | | | Using the common definition of a recession as "as a fall of a country's real Gross Domestic Product in two or more successive quarters", then the United States was not technically in recession during this period. | | | The beginning and ending dates of the recession, however, are argued by those using a less traditional definition of the term. |
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http://en.wikipedia.org/wiki/Early_2000s_recession
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| | The Business-Cycle Peak of March 2001 |
| | Because a recession influences the economy broadly and is not confined to one sector, the committee emphasizes economy-wide measures of economic activity. | | | A recession involves a substantial decline in output and employment. | | | The committee is satisfied that the total contraction in the economy is sufficient to merit the determination that a recession is underway. |
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http://www.nber.org/cycles/november2001/recessnov.html
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| | Explaining Japan's Recession - Mises Institute |
| | During its recession, government interventions have manifested themselves as fiscal stimulus packages involving large amounts of public works, increases in the monetary base, interest-rate cuts, bailouts and nationalization of some banks, direct government lending to businesses, and increases in government spending despite some tax cuts. | | | According to Keynesians, to recover from recession, government must pursue active fiscal policies by lowering taxes and raising spending to increase aggregate demand and offset the fall in investment. | | | The Ministry of Finance and BOJ both bought government bonds from private holders increasing the amount the government owned to $2.22 trillion, which is 53 percent of the market for government bonds, while at the same time promoting a weaker yen (Herbener 1999). |
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http://www.mises.org/fullstory.aspx?control=1099
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| | The Recession Explained |
| | Keynesian tax cuts were only designed to stimulate consumer spending in recession; Austrian tax cuts are a means of partially loosening the fetters by which the governmenthas been chaining and binding down the private and productive sector of the economy, a crippling effect that has gotten steadily worse in recent years. | | | Indeed, Austrian theory is unique in advocating government spending cuts even in a recession as a way to shift social spending from excessive consumption to much needed saving-and-investment For, contrary to Keynesian myth, government spending is not "investment" at all (a cruel joke), but is wasteful "consumption" spending. | | | During this recession, Keynesians declare that 'yes, well, tax cuts are good in theory (?) but they won't help us out of recession, because of inevitable lag in the results of fiscal policy." The complaint is that the cuts will only take effect after a recovery (they hope) has already begun. |
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http://www.mises.org/freemarket_detail.asp?control=555&sortorder=articledate
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| | Valley of the Geeks - Recession Cancelled |
| | Recession or no, by these measures, the economy appears to be much stronger than previously thought. | | | Although there is no standard formula determine whether there has been a recession, the most commonly used measure is whether there has been a decline in the gross domestic product for two consecutive quarters or a failure to gain more than 10 yards in four plays. | | | The reserve rate is expected to be below 0 by end of the year, signaling a renewed confidence in the economy. |
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http://www.valleyofthegeeks.com/News/Recession.html
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| | My Way - News |
| | WASHINGTON (Reuters) - Not only was the U.S. recession in 2001 the shallowest on record, it may not have been one at all -- at least in the classic sense of two straight quarterly declines, new government data show. | | | Now, some might argue there was no recession at all. | | | The NBER's recession-dating panel, a group of top-flight academic economists, examines a wider range of indicators of the economy's health than just GDP, in part because the GDP data are often revised. |
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http://news.myway.com/top/article/id/116084top07-30-2004::08:50reuters.html
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| | Business Cycle Expansions and Contractions |
| | Rather, a recession is a period of significant decline in total output, income, employment, and trade, usually lasting from six months to a year, and marked by widespread contractions in many sectors of the economy. | | | A growth recession is a recurring period of slow growth in total output, income, employment, and trade, usually lasting a year or more. | | | Rather, a recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. |
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http://www.nber.org/cycles.html
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| | The recession of 1982 was Carter’s fault |
| | Fact: That recession occurred in the second year of Reagan's term, following tax cuts and deregulation. | | | Blaming Carter's tax and regulation policies for this recession is therefore difficult. | | | Reagan came into office in January 1981, and within 108 days passed a budget that contained his famous supply-side tax cuts. |
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http://www.huppi.com/kangaroo/L-recession1982.htm
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| | Committee may push back recession start date to 2000 - Jan. 22, 2004 |
| | She added that, while the revision could be as dramatic as moving the starting date of the recession all the way back to November 2000, it could also be less drastic -- moving the date back to February 2001, when payrolls outside the farm sector peaked, for example, according to Labor Department measures. | | | Zerwitz said the NBER's discussion about changing the date of the recession was not politically motivated, but rather the result of adding a new set of data to the indicators they already use to measure cycles. | | | One common definition of a recession is two consecutive quarters of a negative rate of growth in gross domestic product (GDP), the broadest measure of the economy. |
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http://money.cnn.com/2004/01/22/news/economy/nber
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| | TheStreet.com: Looming Signs of a Global Recession |
| | A recession in Germany, which accounts for a third of eurozone GDP, would have serious, Europe-wide ramifications. | | | The new Koizumi government is planning reforms that, however well-intentioned, will drive the economy deeper into recession in the near term. | | | Thus in a global economy, it should be patently obvious that inflation is a nonissue -- except to the bond ghouls trapped in the NAIRU straitjacket. |
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http://www.thestreet.com/comment/spincycle/1477116.html
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| | Greetings From Recession Camp |
| | But the head counselors of Recession Camp didn't know how their scheme would be received by others. | | | Of course, the camaraderie offered through Recession Camp is often as appealing as its actual events. | | | Even downsized dotcommers need a little work-life balance. |
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http://www.fastcompany.com/articles/2001/09/reccamp.html
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| | USATODAY.com - Economy could add to GOP woes |
| | A recession would mean fewer dollars flowing into the treasury and force the government to pay out more benefits to the poor and those idled by the hurricanes. | | | "Recession risks are rapidly rising," said Mark Zandi, chief economist of Economy.com, an economic analysis service in West Chester, Pa. The last recession was in 2001. | | | If the economy slides into a recession because of inflation driven by energy prices, that could restrict the Federal Reserve's ability to stimulate the economy with lower interest rates. |
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http://www.usatoday.com/news/washington/2005-10-02-economy_x.htm
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| | Recession: What Does It Mean To Investors? |
| | Recession and recovery are the areas of the business cycle that are more important to investors because they tell us the direction of the economy. | | | The National Bureau of Economic Research (NBER) is an organization that is seen as having the final word in determining whether or not the United States is in recession. | | | Well, all these indicators are part of a larger picture determining the strength of the economy and whether or not we are in a period of recession or expansion. |
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http://www.investopedia.com/articles/02/100402.asp
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| | Despite Recession, Black Child Poverty Plunges to All-Time Historic Low |
| | Annual increases in child poverty range from a low of 1.0 percentage point in the recession year 1990 to a high of 1.9 percentage points in both 1980 and 1982. | | | Welfare reform has also kept poverty from rising in a recession. | | | Welfare reform created pressure for single mothers to remain in the labor force and not to enter the welfare rolls. |
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http://www.heritage.org/Research/Welfare/BG1595.cfm
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| | Hooray, it's an official recession Perspectives CNET News.com |
| | After all that, the NBER speaks: "The committee is satisfied that the total contraction in the economy is sufficient to merit the determination that a recession is underway." | | | If the economists had listened to the tech sector, it wouldn't have taken that long to figure out a recession was in the making. | | | Now that the NBER has declared an official recession, the economy is bound to come back. |
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http://news.com.com/2010-1071-281613.html
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| | The recession’s last gasp |
| | Despite the falling employment, economists who study business cycles generally agree that the recession ended late in 2001 or early in 2002. | | | By all the measures other than employment, it is clear the recession ended sometime around the end of 2001, said Achuthan. | | | After the last recession, the Business Cycle Dating Committee waited 21 months before declaring that economic activity had hit a trough in March 1991. |
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http://www.msnbc.com/news/927797.asp?cp1=1
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| | TheStreet.com: Avoiding the Curse of the New President: Recession |
| | That's especially true when the election has resulted in a change in party control of the White House, which means that the new team starts with "a mandate for change." The recessions of 1953, 1961, 1969 and 1981 all correspond with such a change. | | | (Just to keep our definitions straight, an economic recession is defined by most economists as two consecutive quarters of decline in the U.S. gross domestic product. | | | At the time of publication, Jim Jubak did not own or control shares in any of the equities mentioned in this column. |
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http://www.thestreet.com/funds/jubak/1156601.html
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| | Econbrowser: Recession in 2006-07? |
| | A second is the narrowing spread between the yields on short- and long-term securities, another common warning that a recession may be coming, as both Barry and I have emphasized. | | | The table at the right summarizes the dates at which U.S. recessions began and ended according to the National Bureau of Economic Research, along with the duration in months of the contraction and preceding expansion. | | | If there was a specific periodicity to the business cycle-- for example, if recessions usually arrive approximately every 5 years-- then we'd expect to see strong weights in that decomposition attached to cycles that had a 5-year periodicity. |
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http://www.econbrowser.com/archives/2005/08/recession_in_20.html
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| | Democratic Underground - The Recession is over |
| | A: The NBER defines expansions and recessions in terms of whether aggregate economic activity is rising or falling, and it views real GDP as the single best measure of economic activity. | | | A recession is a period of falling economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. |
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http://www.democraticunderground.com/discuss/duboard.php?az=show_topic&forum=114&topic_id=298&mesg_id=298&page=
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| | USATODAY.com - Was the 2001 slowdown really a recession? |
| | The last time the NBER actually changed the dates of a recession was in 1975. | | | Bush's annual economic report in February contends that the last recession probably began some time in the final three months of 2000. | | | The Commerce Department's Bureau of Economic Analysis released updated figures Friday on the quarterly movement of gross domestic product for 2001, 2002 and 2003. |
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http://www.usatoday.com/money/economy/gdp/2004-07-30-recession_x.htm?POE=MONISVA
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| | eMedicine - Glaucoma, Angle Recession : Article by Brian R Sullivan, MD |
| | Normotensive eyes with angle recession of more than 180° should be routinely reexamined for an indefinite period to monitor for the development of late glaucoma. | | | Ideally, angle recession should be discovered before glaucoma develops so that the risk of glaucoma can be assessed and follow-up care arranged accordingly. | | | Patients with angle recessions of greater than 180°, without evidence of glaucoma, should be advised of the need for lifelong follow-up care. |
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http://www.emedicine.com/oph/topic121.htm
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| | The Gum Recession Project |
| | This is a different type of recession and involves not only gum recession, but also the destruction of the underlying bone which supports the teeth. | | | The treatment of gum recession varies depending upon which type of recession is present. | | | The prominent root has no thick "attached gingiva" which can create health and prevent recession. |
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http://www.gumrecession.com
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| | ArgMax Economics Weblog: Recession: Definition |
| | Since there are many measures of economic activity as well as what constitutes a "slowing," there can be many definitions of what exactly constitutes a recession. | | | The National Bureau of Economic Research (NBER), a non-profit organization which assigns dates to the beginning and end of downturns, defines a recession as "a period of declining output and employment." | | | In reality the economy can and does move at various speeds, not just at a pace defined by the on/off of a boom or recession. |
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http://www.argmax.com/mt_blog/archive/000274.php
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| | LookSmart - Directory - US Economic Recession, Early 2000s |
| | In this 2001 essay, former US Labor Secretary Robert Reich discusses the government's post-9/11 push for consumer spending in the midst of a recession. | | | US Economic Recession, Early 2000s - Find coverage and analysis of the slowdown in the US economy since 2000. | | | Join the Zeal community and help build the "US Economic Recession, Early 2000s" Directory Category. |
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http://lsxml.looksmart.com/p/browse/us1/us317916/us53711/us53713/us902615/us573224/us10124582
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| | BBC NEWS Business US officially enters recession |
| | Other economists technically define a recession as a six month period of negative growth. | | | But the US economy is likely to recover by July 2002 according to information on previous post-war recessions, NBER committee member Ben Bernanke said. | | | The news came on the same day as US retail sales over the holiday period gave some cause for renewed optimism about the economy's health. |
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http://news.bbc.co.uk/hi/english/business/newsid_1677000/1677224.stm
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| | Guardian Unlimited Today's issues Recession |
| | On the other hand, there is no guarantee that there would have been a US recession, and then a global recession, without Mr Greenspan's cut. | | | The level of production declines, unemployment rises and consumer spending dries up - in the worst case scenarios, as happened in the depressions of the 1930s and the 1980s, so few people are spending money that businesses sack staff to cut costs. | | | The US federal reserve, of which Mr Greenspan is the chairman, adjusts its interest rate to maintain healthy economic growth. |
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http://www.guardian.co.uk/theissues/article/0,6512,417886,00.html
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| | Slowing the progressive fading of the oil economy - recession in the USA |
| | In a deep recession, maturing securities are unlikely to be able to be re-sold, unless interest rates on them are very high. | | | Inevitable price rises from supply not fully meeting demand may coincide with recession from high USA domestic interest rates needed to suck in foreign money via treasury bonds and mortgage securities. | | | Then overseas bond sales are essential to fund the government deficit spending. |
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http://www.naturalhub.com/slweb/fading_of_the_oil_economy_onset_slowing_recession_USA.htm
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| | White House Advisor Says US Tips Into Recession |
| | Most private economists are forecasting a recession as a result of job cuts and damaged confidence after the terrorist attacks, with an economic contraction in the third and fourth quarters. | | | Just hours before Lindsey's comments, US Federal Reserve chairman Alan Greenspan told Congress the economy would surmount a short-term blow to productivity from the attacks. | | | White House Advisor Says US Tips Into Recession |
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http://www.rense.com/general15/recession.htm
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| | Recession? What Recession? |
| | This recession has been different, in part because household incomes haven't fallen as they usually do in recessions. | | | Typically in past recessions, American spending on homes and cars plummets going into a recession, and then soars as the recovery takes hold. | | | On the contrary, my dear Watson, this spike in home sales is actually happening because of the current disinflationary (almost deflationary) recession. |
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http://www.freerepublic.com/focus/fr/617315/posts
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| | BW Online September 24, 2001 U.S.: A Recession May Be Inevitable |
| | Consider that most recessions are the result of exogenous shocks: the oil crisis of 1973, the credit controls of 1980, and, of course, the gulf war. | | | The closest precedent may be the gulf war and its resulting recession. | | | Capital spending will offer no help, since businesses were already grappling with an overhang of equipment. |
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http://www.businessweek.com/magazine/content/01_39/b3750025.htm
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| | Bushism of the Day By Jacob Weisberg |
| | "Recession means that people's incomes, at the employer level, are going down, basically, relative to costs, people are getting laid off."—Washington, D.C., Feb. 19, 2004 (Thanks to Garry Trudeau) |
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http://www.slate.com/id/2097238
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| | Pro-Bush Puffery on Economy, Medicare |
| | New ad claims Bush inherited an economy "already in recession" and that 41 million seniors "now have access to lower cost prescriptions." Wrong on both counts. | | | The Bush tax cuts helped jumpstart an economy in recession and create nearly 2 million new jobs. | | | But employment was still growing when Bush was sworn in, and the economy actually added 113,000 payroll jobs between January and March 2001, before starting to decline in April. |
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http://www.factcheck.org/article278.html
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| | Clinton Recession: 'Bill' Comes Due for 8 Years of Corruption |
| | The recent parade of liberal media pundits that now call the 2001 recession the "Bush" economy are missing the mark by a few trillion dollars. | | | The move is also now seen as a major blunder that triggered the 2001 recession. | | | Clinton Recession: 'Bill' Comes Due for 8 Years of Corruption |
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http://www.newsmax.com/archives/articles/2001/3/20/190717.shtml
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| | Bush's Bushwa - The president and his aides keep lying about when the recession started. By Daniel Gross |
| | Bush concluded 2002 with the same dishonesty that defined his economic policy throughout the year—a mendacity that ranged from denying the tax cut had anything to do with the re-emergence of the deficit to arguing that the terrorism insurance bill would create 300,000 construction jobs. | | | One definition of recession is two consecutive quarters with a declining gross domestic product. | | | NBER's most recent "recession dating procedure" says, "A recession begins just after the economy reaches a peak of activity and ends as the economy reaches its trough." In other words, a recession begins as soon as the economy starts shrinking. |
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http://www.slate.com/id/2076134
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| | Forbes.com: Recession Alert |
| | It's a historical fact that not one recession in the past 40 years has been forecast in advance by any major poll of economists. | | | Each similar instance in the past preceded a recession. | | | Note how it leads the path upward out of recessions, with a surprising degree of accuracy. |
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http://www.forbes.com/2005/03/24/cz_js_0324soapbox_inl_print.html
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| | Recession - Why Do We Have Recessions? |
| | The paper argues that recession is triggered by inadequate or poorly judged adaptation to ever-changing market conditions. | | | invites two causal components: "What starts the process that leads to a recession?" and "How does that process deliver recession?" | | | The cause of recession is explored using a thought experiment about the smallest economic unit capable of experiencing recessions. |
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http://www.1stannex.com/theory/recession.htm
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| | Recession |
| | Recession is a normal (albeit unpleasant) part of the business cycle. | | | Interest rates usually fall in recessionary times to stimulate the economy by offering cheap rates at which to borrow money. | | | The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country's GDP. |
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http://www.investopedia.com/terms/r/recession.asp
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| | PM plays down chance of recession. 10/12/2004. ABC News Online |
| | The Prime Minister has dismissed talk of a recession. | | | The Prime Minister has warned the Australian economy faces tougher conditions next year, but he does not believe the nation risks slipping into recession. | | | But he has played down their likely impact. |
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http://www.abc.net.au/news/newsitems/200412/s1262284.htm
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| | Search Results for recession - Encyclopædia Britannica |
| | Illustrative article discussing the application of credit crunch explanation to solve the projected liquidity trap in the Japanese economy. | | | Expand your search on recession with these databases: | | | Globalization and Catching-Up: From Recession to Growth in Transition Economies |
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http://www.britannica.com/search?query=recession&submit=Find&source=MWTEXT
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| | SmartMoney University: Glossary: R |
| | In a business cycle, the period after a downturn or recession when economic activity picks up and the gross domestic product (GDP) increases. | | | A fee charged when money is withdrawn from a mutual fund. | | | After the date of record, the stock is said to be ex-dividend. |
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http://datek.smartmoney.com/glossary/index.cfm?letter=R
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| | Katrina unlikely to derail national economy - Martin Wolk: Eye on the Economy - MSNBC.com |
| | Much if not all of the impact could be offset next year by billions of dollars in government and private funding for reconstruction and recovery. | | | Employment probably will be reduced by 400,000 jobs in coming months, according to the Congressional Budget Office report obtained by The Associated Press. | | | Hurricane fallout seen slowing growth, but no recession expected |
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http://www.msnbc.msn.com/id/9231551
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| | BBC NEWS Business War with Iraq could spark recession |
| | And, in a perverse cycle of self-fulfilling prophecy, when they stopped spending, businesses would suffer even more. | | | "But for a recession there would have to be a sustained spike in the oil price." | | | However, most analysts are expecting a brief military campaign and - in the optimal scenario from their point of view - a change of regime in Iraq. |
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http://news.bbc.co.uk/1/hi/business/2240551.stm
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| | deseretnews.com You can ease pain of a new recession |
| | Factory orders have declined, employment recently has shrunk and the consensus view of economists is that the nation's gross domestic product grew in last year's fourth quarter at a scant 0.5 percent annual rate, substantially slower than expectations. | | | You can ease pain of a new recession | | | Is your portfolio prepared for a double dip? |
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http://deseretnews.com/dn/view/0,1249,455028401,00.html
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| | Recession shoppers, listen up |
| | Oh, and by the way, it's too late: We're already in a recession. | | | I asked around some more, and discovered that Anirvan Banerji of the Economic Cycle Research Institute, one of the few experts who saw this downturn coming, also doubts we can spend our way out of recession. | | | "One of the things people don't realize is that in three of the last five recessions consumer spending did not go down," he says. |
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http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2001/09/06/MN212157.DTL
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| | Gingival Recession - 9 |
| | The occurrence of gingival recession is a precursor to the loss of cementum, the exposure of dentin, and the subsequent development of hypersensitivity (Figure 5). | | | Surgical and nonsurgical periodontal treatment can result in gingival recession and root exposure. | | | Certain other surgical and restorative procedures, such as crown preparations, may also contribute to gingival recession and root exposure. |
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http://www.adha.org/CE_courses/course9/gingival_recession.htm
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| | AmosWEB: GLOSS*arama: RECESSION |
| | During a recession, real gross domestic product declines by 10 percent or so and the unemployment rate rises from it's full employment 5 percent level up to the 6 to 10 percent range. | | | Inflation tends to be low or non-existent during a recession. | | | Recession last anywhere from six to eighteen months, with one year being common. |
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http://www.amosweb.com/cgi-bin/gls.pl?fcd=dsp&key=recession
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| | The Potential Impacts Of Recession And Terrorism On U.S. Cities |
| | The analysis is relatively reassuring about the short-term prospects for cities in the recession; the economic and social health of individual cities will depend on their industrial makeup and state-level spending decisions. | | | This paper attempts to shed light on these concerns by examining the impact of the last two recessions on large cities, by exploring recent trends that may affect the vulnerability of cities in the current recession, and by speculating on the long-term effects of terrorism on urban centers. | | | Many urban residents and city officials are worried that the combined impact of the recession and ongoing terrorist threats may have a devastating effect on the health of cities. |
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http://www.brookings.edu/es/urban/publications/recessionexsum.htm
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| | Recession |
| | A recession would be indicated by a slowing of a nation's production, rising unemployment and falling interest rates, usually following a decline in the demand for money. | | | A popular distinction between recession and depression is: 'Recession is when your neighbour loses his job; depression is when you lose yours.' | | | The Americans, who are good at making precise definitions, often apply the term to a situation where gross national or domestic product has fallen in two consecutive quarters. |
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http://www.anz.com/edna/dictionary.asp?action=content&content=recession
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| | Gum Recession - Thin, Fragile Tissues |
| | In other cases, this type of gum graft can partially or almost completely cover previously existing recession. | | | The treatments for gingival recession vary depending on the amount of recession, the type, the cause and also the expected outcome of the treatment. | | | Patients undergoing orthodontic treatment may have recession treated before they begin their orthodontic treatment, during their orthodontic treatment or after they have completed their orthodontic treatment. |
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http://www.gumrecession.com/thinfragile.html
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| | Calculated Risk: Recession Coming? |
| | The Economist: Katrina Could Tip US / World into Recession | | | Of course, that doesn't mean a recession is inevitable. | | | I believe there is a high probability of a recession in 2006. |
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http://calculatedrisk.blogspot.com/2005/08/recession-coming.html
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