recession

A recession is an economic downturn that lasts for at least six months, but does not have the duration and severity of an economic depression. Recessions are typically accompanied by increases in unemployment and a decline in the stock market.

Unemployment increases as college graduates enter the job market and cannot find jobs, employees are laid off due to reduced business sales, companies go out of business voluntarily, or go bankrupt. With the increase in unemployment, consumers ability to repay loans declines, home foreclosures increase, and personal bankruptcies rise.

You will find bloggers writing about recessions at sites like the Huffington Post and the Economix blog in the New York Times.

Causes and cures for specific recessions vary greatly. A February 23, 2010 column by Eugene M. Grant in the Huffington Post, proposed tax credits on investments in business to stimulate the economy. Meanwhile, a March 3,2010 column from the Wonk Room argued that the 6 billion energy efficiency rebate program proposed during the second year of the Obama administration would help rebuild the "Tool Belt" economy.

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Original Technorati articles tagged “recession”

• in Blogging
  Loyalty Marketing Coming in Hot in 2012
  2012 is expected to not only be a recovery year for the economy, but also a growth year for loyalty marketing.
  by smsmasterminds / on Jan 5, 2012
• in Politics
  China Says Global Recession Imminent
  The Vice-Premier of China, Wang Qishan, forecasts a grim outlook for the global economy.
  by stephengfm / on Nov 20, 2011
• in Politics
  Need a Hand? How the Economic Crisis Made National Debt a Problem
  A short intro and explanation on how the economic crisis caused the current national debt problem
  by anthonylock / on Nov 11, 2011

Latest blogosphere posts tagged “recession”

 

• Take 5: A Roundup of Reads From Around the Web

  
  Money Talks with Stacy Johnson — Authority: 542
  A look at five interesting personal finance posts from other bloggers around the Web. This week: Homer Simpsons business advice, redneck investment advice, a recession primer, a PMI story, and an inspirational question.
  2 hours ago

• Expert who foresaw 08 crash warns of tough decade

  
  Home & living - home-living.marc8.com — Authority: 120
  Economist Nouriel Roubini, nicknamed "Dr. Doom" for his gloomy predictions ahead of the 2008 financial meltdown, says a conflict with Iran could cause a global recession. read more
  2 hours ago

• Retirement Planning

  
  Online Earning — Authority: 117
  With the fall of the stock market, retirement investments of Americans declined dramatically larger. The EBRI (Employee Benefit Research Institute) has estimated that the average balance in 401-K has dropped by almost 20% of workers over age 55. Nearly 43% of older workers had said they had less than $ 50,000 saved ...
  2 hours ago

• Some of Our Friends From Far and Wide…

  
  Canada Free Press — Authority: 139
  Good morning guys, how’s it going today? Welcome back to Ridin Out the Recession, in Miz Judi’s Kitchen… Well, we get back on topic today as yesterday I’d ranted a little over the excessive spending and totally irresponsible behavior of our politicians…appreciate your patience!
  2 hours ago

• Recession is at the door and Najib is doing what he does best - NOTHING!

  
  AdiLan's Club — Authority: 121
  “The world economy is slowing sharply, and the euro region headed for recession this year, the International Monetary Fund predicted Tuesday in a bleak update of global conditions. Overall, the world economy is expected to expand 3.25 percent in 2012 - down from the 4 percent projected by the IMF in the fall. ...
  1 day ago

• The Blame Game: Revisiting “The Most Alarming Chart I’ve Seen All Week”

  
  Wall Street Daily — Authority: 469
  It’s Friday in the Wall Street Daily Nation ! What’s the big deal? Well, this is the day each week that I skip the longwinded analysis and instead let some carefully selected graphics do the talking. Once again, I’m featuring the precipitous decline of the Baltic Dry Index. Why? Because last week’s column ...
  1 day ago

• Greek debt talks drawing to a close

  
  4unews — Authority: 147
  ATHENS, Greece – Talks with negotiators over the writedown of the Greek debt are to continue today. A debt reduction deal with private investors is vital for Greece to avoid bankruptcy. Charles Dallara, head of the Institute of International Finace banking lobby, and Jean Lemierre, senior adviser to the chairman of ...
  1 day ago

• Bahrain’s Gulf Air to downsize, seeks state funds

  
  Dubai Business | Kippreport — Authority: 478
  Bahrain’s struggling national carrier Gulf Air, hit by falling passenger numbers as anti-government protests continue in the tiny island kingdom, will shrink operations and seek cash from government funds, its chief executive said on Wednesday. The move is in contrast to Middle East competitors such as Etihad, ...
  2 days ago

• Feeling the Pinch: Declining wages in cities

  
  Centre for Cities — Authority: 97
  Nick Clegg will warn today that “ the squeeze on middle-income Britain has reached ‘a state of emergency. ’” This is on the back of the fact that real wages have been falling since 2008. And, as Cities Outlook 2012 illustrates, incomes in some cities are being squeezed much harder than in others.   ...
  2 days ago

• Davos experts bullish about dollar

  
  The Guardian - guardian.co.uk — Authority: 962
  Fed plans to keep interest rates near zero and talk of another round of QE dented the dollar on currency markets, but many at Davos think the euro has bigger problems The announcement that the US Federal Reserve plans to keep interest rates ultra-low until the second half of 2014 was the talk of Davos on Thursday ...
  2 days ago

• The Milk is Spilt. Occupying the Bottle Wont Bring It Back.

  
  An Spailpn Fnach — Authority: 92
  Dublin 2 was fringed with protesters yesterday, heartscalded and weeping as the infamous Anglo Bondholders cashed in their latest dividend, or bag of swag, or whatever the technical name for the thing is. A group of young people stretched from outside the old Anglo-Irish bank headquarters at the top of Stephen ...
  2 days ago

• European Stress Reemerges As Risk Off Epicenter Following Portugal Admission It Needs €30 Billion Bailout

  
  ZeroHedge — Authority: 781
  Even as the Euro-Dollar 3 Month basis swap has contracted to a nearly 6 month low at -75 bps, on residual hopes that the LTRO will do anything to fix Europe (it wont - just compare it to the €442 billion 1 year LTRO from June 2009 which worked until it didnt for the simple reason that Europe does does not have a ...
  3 days ago

• Frontrunning: January 25

  
  ZeroHedge — Authority: 781
  Angela Merkel casts doubt on saving Greece from financial meltdown ( Guardian ) Germany Rejects ‘Indecent’ Call to ECB on Greece, Meister Says ( Bloomberg ) Obama Calls for Higher Taxes on Wealthy ( Bloomberg ) Fed set to push back timing of eventual rate hike ( Reuters ) Recession Looms As UK Economy Shrinks ...
  3 days ago

• What about a 45p rate? Downing Street debates an interim tax reduction

  
  News Benedict Brogan — Authority: 89
  Given this mornings "disappointing but expected" (it says here) growth figures, how goes the Mexican stand-off between Lib Dems and Tories over the mansion tax and 50p? Plainly, no progress will be made on the issue this side of the election. The signals from the Treasury are that they have given up hope of dealing ...
  3 days ago

• UK moves closer to second recession as economy shrinks 0.2% – The Guardian

  
  newsaddicts — Authority: 144
  The Guardian UK moves closer to second recession as economy shrinks 0.2%The GuardianBritain has moved closer to its second recession in three years after official figures showed the UK economy contracted by 0.2% in the last three months of 2011. A severe drop in manufacturing output in the last quarter dented hopes ...
  3 days ago

• Return to recession – but for how long?

  
  The Edge — Authority: 104
  Britain is back in recession. The only question is whether the slump is limited to the minimum two consecutive quarters or extends into the summer of 2012. The 0.2 per cent fall in gross domestic product in the final three months of 2011 is the first of the two quarters necessary to constitute a technical recession. ...
  3 days ago

• The GDP Numbers: Five Key Points

  
  ToUChstone blog: A public policy blog from the TUC — Authority: 512
  I wrote this morning, before the GDP figures were released, that they were unlikely to tell us anything we didn’t already know. The quarter-on-quarter contraction of 0.2% was a little worse than expected but not especially surprising. It’s always important not to over-analyse one data point – especially one ...
  3 days ago

• The great deleveraging event – household debt has fallen 4 percent since recession hit. Household debt has fallen dramatically from the peak when household debt aligned itself with annual GDP.

  
  My Budget 360 — Authority: 442
  The debt bubble bursting has jammed the bottom line of American households.  Debt and money are synonymous for many households in our current economy.  The ability to spend, or buying capacity, is looked at in the same light as savings from many in the financial sector.  This is why data recently released shows the ...
  3 days ago

• Council of Foreign Relations on recent recovery – looks like this recovery is the worst ever!

  
  The Center of the Universe — Authority: 417
  I may have mentioned that for the size govt we have we are grossly over taxed? ;) Real GDP is growing, but weakly compared with the postwar average recovery. The recovery from the 1980 recession was even weaker at this stage, but that reflected a double-dip recession in 1981. The economy would have to grow ...
  3 days ago

• The recession-deniers

  
  Daily Telegraph | Telegraph.co.uk — Authority: 163
  As the country tightens its belt, Britains super rich - the 1% of the 1% - are spending like never before. Why? Because someone has to
  4 days ago

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