That is slightly under its 10-year historic average of 10.4%, which also includes the Great Recession period.
Unfortunately, the current post-recession period has not followed the pattern.
Recall that Wal-Mart was badly hit during the depths of the recession, a period that weakened its core of lower-income customers the worst.
That is hard to know, and rather beside the point: economists aside, few are excited by the difference between a mild recession and a period of sluggish growth.
In the absence of such an event, the OECD's Economic Outlook predicted positive growth in the eurozone for 2012 as a whole of 0.2%, despite a shallow recession in the period September 2011 to March 2012.
Remember, Volcker put the country through its worst recession in the postwar period, 1981-1982, wringing out systemic inflation.
Liberal Democrat councillor Roger Symonds said the original figure was "assessed by central government who had an unrealistic expectation of growth levels before a period of recession".
Government-bond markets are benefiting from the deteriorating economic outlook, which is leading some forecasters to predict both a recession and a brief period of deflation in 2009.
These divisions remained profitable even through the period of recession.
Are we entering a period of global recession or is it just an economic slowdown?
Those months obviously are encompassed in what we broadly know as the time period during the recession.
"The Index has averaged 90 in this recovery, now 3 years old and is the worst recovery period from a recession, " since 1973 when the data began, said the report.
He said that although the recession has created "a period of reduced expectations, " the tech companies that push forward now with innovative research will fare better in the long-term than the companies that scale back.
CNN: Microsoft's Ballmer touts 'best version of Windows ever'
The jobs market registered its weakest figure since 1997, while factory output contracted at a record pace for the longest period since the 1980 recession.
Yet today fewer than 8% of U.S. companies are five years old or younger, down from between 12% and 13% in the early 1980s, another period following a deep recession.
FORBES: Wall Street's Hollow Boom: With Small Business And Startups Lagging, Job Recovery Unlikely
It certainly seems as though people see the current recession as more than just a down period in the normal business cycle.
So over a five-year period -- the typical recession since World War II has been followed by a growth rate of a little less than 4.2 percent over five years.
Continuing weak economic growth has raised concerns of a triple-dip recession early this year, extending a recessionary period that began in 2008.
And analysts are saying that the reason that this is happening is because of uncertainty about the American economy, that we are entering a double-dip recession, or at the very least a period of real softness and weakness for the U.S. economy.
As our study indicates, each recession in the past 42 years was preceded by a period of negative growth in real gross total debt.
Scotland's overall manufacturing output in October fell for the fourth month in a row, the longest continuous period of decline since the 2008-09 recession.
That is a relatively optimistic prediction, for it would merely return the bankruptcy rate close to its long-term average after an abnormally trouble-free period, and it assumes only a mild recession in America.
The pattern of job losses is similar to what occurred after the September 2001 terrorist attacks, a period that actually marked the bottom of the recession (though not of job losses) as unprecedented fiscal and monetary firepower was brought to bear.
So another period of economic weakness could be classified as a second recession, much as the 1981-1982 decline, which started in July 1981, only 12 months after the 1980 recession ended.
Migration data for the most recent one-year period available, July 2010 t0 July 2011, show the Great Recession has shaken the rankings up quite a bit within the circle of fast-growth regions.
Official statistics published last week showed that although GDP per head in the UK fell 6.9% in the great recession of 2008-9, average take home incomes actually grew in this period - even after taking account of inflation.
Ieuan Wyn Jones urged the Welsh Government to "change its course" in the light of OECD predictions that the UK economy was heading for another recession, which he argued was likely to affect Wales for "a lengthier period".
The two economists examined gross job creation and destruction in American manufacturing over the period 1972-93 and found that at the onset of a recession job destruction increases, but it then falls below normal levels until well into the recovery.
Difficult as it is to recall now, 2009 was a period of relatively subdued inflation, because of the deflationary impact of recession: taxes and benefits were uprated by an inflation rate which then turned out to be much higher than what actually happened to prices in the subsequent 12 months.
We are still emerging from a terrible recession that saw the loss of 9 million jobs that, in a short period, as elucidated by the Federal Reserve report, from the fourth quarter of 2007 to the first quarter of 2009, all of it within that period, a 40 percent reduction in median household wealth.
应用推荐