recession
recession Articles
The chief economist of the International Monetary Fund said that the current world financial crisis and recession could last for another decade. This echos concerns by other experts that slow job...
Published:
The argument is out whether we are already in a recession in America or whether a recession is still coming. It just all depends upon whom you talk to. Lakshman Achuthan, co-founder of the...
Published:
Last Updated:
With China’s growth slowing further and with Europe’s woes growing each day, economic data in the United States continues to ride the line closer to recessionary levels. Japan hit a 28-year low...
Published:
Last Updated:
The Institute for Supply Management is showing that purchasing managers and suppliers are still not quite in a recessionary mode. The problem is that this is “barely” the case as some...
Published:
Last Updated:
This is not the best report to see if you are graduating from college. The Labor Department reported the employment situation this morning. Unemployment came up to 8.2% versus 8.1% the prior...
Published:
Last Updated:
For a Purchasing Managers report to be in recession and/or true contraction, the reading needs to be under 50.0. The May report from the Chicago Purchasing Managers Index came in at 52.7. ...
Published:
Last Updated:
Jon OggSo, just two weeks ago it looked as though “Sell in May and go away!” was not going to be as strong of a theme in 2012 compared to 2011 and to 2010. In 2010 the market had enjoyed a 13...
Published:
Last Updated:
The Labor Department is out with its report on the labor situation for April and the report is going to raise some eyebrows. The official unemployment rate mysteriously came in 8.1% versus 8.2% in...
Published:
Last Updated:
The Institute for Supply Management is out with its latest report on the services economy. The non-manufacturing data for the month of March 2012 showed that economic activity in the...
Published:
Last Updated:
The economy remains in a climate with a very weak recovery. There is still some good news though. All of the recent calls for a “double dip recession” grew too loud and are now being...
Published:
Last Updated:
The Institute for Supply Management showed an above-red reading this morning in the manufacturing sector. This month’s ISM Manufacturing reading came in at 51.6% for September versus 50.6% in...
Published:
Last Updated:
If you believe things are bad now, just wait because they’re about to get much worse. That’s the forecast from the Economic Cycle Research Institute (ECRI). In their latest report, the firm says...
Published:
The recovery has been stalling and it is becoming easier and easier to argue that the next recession (often mislabeled as a double-dip recession) is afoot. Friday’s net-zero in August non-Farm...
Published:
Last Updated:
The media keeps pointing to a double-dip recession. It is such a commonly used term that no one even cares that this is technically just the starting point of the next recession. Terms do not...
Published: