Recession

In economics, a recession is a business cycle contraction, a general slowdown in economic activity. Macroeconomic indicators such as GDP, employment, investment spending, capacity utilization, household income, business profits, and inflation fall, while bankruptcies and the unemployment rate rise. Recessions generally occur when there is a widespread drop in spending, often following an adverse supply shock or the bursting of an economic bubble. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation. In a 1975 New York Times article, economic statistician Julius Shiskin suggested several rules of thumb for defining a recession, one of which was "two down consecutive quarters of GDP". In time, the other rules of thumb were forgotten. Some economists prefer a definition of a 1.5% rise in unemployment within 12 months. In the United States, the Business Cycle...
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Source: Recession on Freebase, licensed under CC-BY
Hina Patel
Hina Patel and commented on the blog by Anmol Kumar
on Sep 08, 2014 , 01:20 pm
Anmol Kumar - Volvo -The $11 billion gamble
ONLY a few years ago Volvo, a Swedish carmaker, looked like it was heading the same way as its now-defunct competitor, Saab. Its sales had halved during the global recession and the company was making serious losses. Its owner, Ford, in the midst of its own financial problems, was forced to sell it in 2010. It was not obvious that the new owner, Zhejiang Geely Holdings of China, would be able to restore Volvo's fortunes. Now Geely is betting Volvo's future—and its own hopes of breaking into W more »
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Girish54sharma
Girish54sharma reposted the blog by Anmol Kumar
on Sep 08, 2014 , 12:46 pm
Anmol Kumar - Volvo -The $11 billion gamble
ONLY a few years ago Volvo, a Swedish carmaker, looked like it was heading the same way as its now-defunct competitor, Saab. Its sales had halved during the global recession and the company was making serious losses. Its owner, Ford, in the midst of its own financial problems, was forced to sell it in 2010. It was not obvious that the new owner, Zhejiang Geely Holdings of China, would be able to restore Volvo's fortunes. Now Geely is betting Volvo's future—and its own hopes of breaking into W more »
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Ashish Anand
Ashish Anand and commented on the blog by Yash Vardhan
on Sep 07, 2014 , 12:24 am
Yash Vardhan - Michael hussey
An accumulator who is virtually impossible to distract at the crease, Michael Hussey waited a decade before becoming an overnight star. Others might have given up, or at least relaxed, during all that time in the backblocks of the Sheffield Shield and County Championship, but Hussey maintained the intensity and was soon living in a statistical world occupied by few others. After two years in the Test side his average rose to 86.18; it had already taken 29 ODIs for his mean to drop below 100. In more »
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Deepak Saxena
Deepak Saxena commented on the blog by Pranav Sen
on Sep 04, 2014 , 12:58 pm
Pranav Sen - Lost your job? Take a chill pill!
2009 was a pathetic year for most of us. The recession ball had hit us bad and all of us were in constant fear of losing our jobs. I remember how scared my brother was, who was working in a top MNC at that time. His colleagues were getting fired by the minute. Pink slips were being circulated like free flowing water. It was a mad year my brother had said to me. But I have noticed one more thing. We Indians get more bogged down by losing our jobs than our western counterparts. Why the hell do more »
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Naveen Sambyal
Naveen Sambyal and 3 more commented on the blog by Karan Samal
on Sep 04, 2014 , 11:07 am
Karan Samal - Globalization : The comparison between USA & rest of the world including India
What is Globalization? Its is term if you type it in Google, you will get more results if you type Globalisation than Globalization. Difference in English language you see? Nowadays there is a new type of English known as Hinglish or Indian English. Well, that is not the point. The world is a Globalised platform. However the seaming success of Globalization is its Failure. The seaming success of Globalization is America!!Which is a rich country between India & America? or China & more »
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Ragu Kumar
Ragu Kumar reposted the blog by Karan Samal
on Sep 03, 2014 , 05:51 pm
Karan Samal - Globalization : The comparison between USA & rest of the world including India
What is Globalization? Its is term if you type it in Google, you will get more results if you type Globalisation than Globalization. Difference in English language you see? Nowadays there is a new type of English known as Hinglish or Indian English. Well, that is not the point. The world is a Globalised platform. However the seaming success of Globalization is its Failure. The seaming success of Globalization is America!!Which is a rich country between India & America? or China & more »
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