Industries rise and fall, jobs are won and lost, recessions give way to booms.
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Recessions come when our output fails to satisfy the market, or our efforts become less profitable.
That is, there are six data points for assessing the reliability of these models in recessions.
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That is only half the average 7-quarter expansion during the four worst recessions since 1950.
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Politicians traditionally fail to recognise recessions in time, and then take too long to enact stimulus.
Japan is swimming in and out recessions, and the US is moving closer day-by-day.
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Total retail sales declined 1% in September, which is near the lows of previous recessions.
When these temporary inflationary boosts subsided, recessions returned with a vengeance and the cycle was repeated.
Most wars, bear markets and recessions start in the first year of a president's term.
Crisis countries remain highly vulnerable to bank runs, debt downgrades, deepening recessions and political instability.
For instance, it correctly forecast the Japanese recessions that started in 1997 and 2001.
Free-market economists from Milton Friedman to Bill Niskanen believed that excessively-tight monetary policy caused recessions.
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The record industry and the newspaper industry both initially blamed sharp downturns on recessions.
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That was a departure from earlier recessions, when consumers put their mortgages payments first.
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In past recessions, recovery and new jobs have emerged from start-ups and small growth companies.
An inverted curve has preceded, within 24 months, every one of six recessions since 1970.
Sonnenfeld says if past recessions are any indication, some of these men will climb back later.
Historical data from the three major recessions preceding this one certainly supports this argument.
Though business cycles endured, the expectation was that recessions would be infrequent and mild.
Recessions in the fifties and even the sixties were inventory and capital goods generated.
He noted how the 1966-82 long bear market saw three U.S. recessions: 1970, 1973-74 and 1982.
It went up after the recessions under the first George Bush and the second George Bush.
They assume that the recent recession and aftermath are like all past recessions since WWII.
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Unemployment for full-time workers is near previous recessions' highs, usually a bottom of the cycle reading.
In contrast to traditional pensions and Social Security, 401(k) plans fuel bubbles and make recessions worse.
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She has been in the business for 25 years and has experienced three recessions.
But this is the way it's always been, not just in recessions but out of recession.
The Zarnowitz rule, according to which deep recessions are followed by steep recoveries, has been broken.
In previous recessions toy sales held up reasonably well, as parents cut back elsewhere.
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They note that during recessions these experts overestimate earnings by between 30% and 35%.
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