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 economic recession in the United States

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Fri. January 09, 2009

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But so alarmed is he about the speed at which the US economy is going into reverse that he decided to go public after consulting with George Bush at the ...
The bullish momentum was cut short after weak US economic data reinforced fears of a prolonged recession - analysts. * Edward Meir, metals analyst with MF ...
the US Chamber of Commerce predicts the recession will hit its low point by the middle of 2009, barring a major economic shock. ...
South Korea's rate cuts add to 140 trillion won ($105 billion) in government stimulus to aid an economy facing its first recession since the Asian financial ...

US president-elect Barack Obama warned the US economy could stay mired in recession for years without further bold action, though he gave few new details ...
The unemployment rate probably jumped to a 15-year high of 7 percent in December, the Labor Department may also say, adding to evidence the US recession is ...
Mexico's finance Minister Agustin Carstens on Thursday said he expects flat economic growth in 2009 as a result of the economic recession in the US, ...
8 (Bloomberg) -- US stock futures slid after retailers from Wal-Mart Stores Inc. to Macy's Inc. reduced earnings forecasts as the recession forced customers ...
By Kristina Cooke WEST NEWTON, Massachusetts, Jan 8 (Reuters) - the US recession looks to be longer and more severe than originally thought, but there are ...
"At this particular moment, only government can provide the short-term boost necessary to lift us from a recession this deep and severe. ...
And in its new forecast, the Congressional Budget Office said the US economy is now in a recession that "will probably be the longest and the deepest since ...
The Mexican government has unveiled emergency measures to protect its economy from the global financial crisis and US recession. ...
7 (Bloomberg) -- the US economic outlook through the first half of 2009 is "grim," and the first signs of a recovery may not emerge until the third quarter, ...
Washington, Jan 6 (PTI) US president-elect Barack Obama has said that his country, in the middle of an economic recession, is in a very difficult spot and ...
Traders have been focused in recent weeks on the prospects for President-elect Barack Obama's economic stimulus plan, which is expected to include $300 ...
President-elect Barack Obama has called for stimulus of unprecedented proportion to prevent the recession from deepening much more. ...
A year ago, Wien's predictions included a 10 percent decline for the S&P 500 and onset of the first US recession since 2001. The main benchmark for American ...
Policy makers should enact "substantial" fiscal stimulus to stop the US economy deteriorating further, Federal Reserve bank of San Francisco President Janet ...
UBS AG, JPMorgan Chase & Co. and Deutsche Bank say the Fed's decision to slash interest rates to a range as low as zero will help revive the US economy and ...
the US officially fell into recession a year ago, and since then about 145000 North Carolina residents have lost their jobs. The state unemployment rate was ...
Economic data released last week show US consumer confidence sinking to the lowest level in at least 41 years and home prices in 20 major cities declining ...
20, signaling a worsening labor market as the economy heads into the second year of a recession. That weakness adds to the strain on automakers after record ...
The current US recession began in December 2007 and, according to a Reuters poll, Economists are expecting Labour Department data on Friday to show payroll ...
5 (Bloomberg) -- The engines that have lifted the US economy out of every recession since World War II will be of little help this time around. ...
By Alister Bull San Francisco, Jan 4 (Reuters) - The housing market slowed the US economy but an oil price shock last summer was the straw that broke its ...
NEW YORK (Reuters) - US stocks started the new year with a big jump on Friday as investors looked beyond yet another piece of grim economic data on hopes ...
"the US is going to print the dollar to get out of the recession, and anything tangible, like industrial metals, is going to be worth more. ...
The profit from Toyota's sales in the United States last year averaged $1977 per unit. The profits went back to Japan while the profits from US car ...
I could see that happening in the United States." That outlook may be overly pessimistic. Marc Pado, US market strategist for Cantor Fitzgerald in San ...
Yields fell to record lows as the credit crisis, economic slump and crumbling equity markets boosted demand for the relative safety of fixed-income assets. ...
A larger than expected fall in new US jobless claims reported on Wednesday was attributed to seasonal factors. [ID:nN31374038] A yearlong US recession has ...
NEW YORK -(Dow Jones)- Reports on December unemployment and auto and retail sales will highlight the first full week of 2009 - and likely show the recession ...
Raising taxes prolonged the national recession in California and wound up depressing state revenue. At least that's what Republican lawmakers tell ...
The US economy entered a recession in December 2007, the National Bureau of Economic Research said this month. The Cambridge, Massachusetts-based group sets ...
Corporate profits have declined for seven straight quarters, according to the US Bureau of Economic Analysis. Should earnings fall through the first half of ...
"There is still a downward spiral in the real economy," he said. "Is it a recession? Is it a depression?" As Punt tries to gauge the depths of the economy's ...
How long this situation lasts will determine the immediate course of the nation's economic life. Will the recession, already a year old, drag on through ...
Key to the US economy, the auto industry was again in focus Tuesday. GMAC, the lending arm of GM, said it will restart auto financing for more US customers ...

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