News and Information On the Great Recession

Recession News

Maley: how much recession can Greece take? - Crikey (blog)

2012-02-05
USA TODAYMaley: how much recession can Greece take?Crikey (blog)“They're asking for more recession than the country can take,” complained Antonis Samaras, who heads the centre-right New Democracy party, as he left the meeting. According to reports on Greek television, Papademos has now set a deadline of noon today ...Greek coalition parties say crisis talks for debt deal to continue MondayWashington PostGreek party opposes austerity demandsSydney Morning Heraldall 634 news articles »

Second recession fears grow as small business confidence plummets - The Guardian

2012-02-05
Telegraph.co.ukSecond recession fears grow as small business confidence plummetsThe GuardianThe beleaguered state of the UK economy has been underlined by three separate reports revealing that Britain's one million small and medium-sized businesses were facing their most difficult year since the recession of 2009.Firms tighten belts on possible recession, says ICAEWBBC NewsBusinesses cut investment amid gloomy outlookTelegraph.co.ukSqueeze on households 'to continue'The Press Associationall 6 news articles »

Despite recession, NFL is golden - The Register-Guard

2012-02-05
The Associated PressDespite recession, NFL is goldenThe Register-Guard“Sports is, to a certain extent, recession-proof. You can see a sports event 10 different ways: on television, on your laptop, on your iPad, on your mobile phone, in bars and restaurants, in airports. There's no other entertainment property that is so ...'Absolutely No. 1': No matter what, NFL's Midas Touch delivers rising TV ...Chicago Tribuneall 209 news articles »

Storefronts hit by the recession finally starting to fill - East Valley Tribune

2012-02-05
Storefronts hit by the recession finally starting to fillEast Valley TribuneVacant storefronts and restaurants are finally starting to fill spaces that emptied in the recession, and that retail turnaround is strongest in the East Valley. The improvement is the result of higher consumer confidence, strong holiday sales and a ...and more »

Service sector optimism wards dampens fear of double-dip recession - WalesOnline

2012-02-05
Telegraph.co.ukService sector optimism wards dampens fear of double-dip recessionWalesOnlineby Rhodri Evans, Western Mail HOPES that the UK economy can avoid a double-dip recession were given a boost yesterday after new figures revealed a record rise in optimism in the service sector. The closely watched Markit/CIPS services survey, ...There's a case for ending QE but will the Bank of England listen?The Guardian (blog)Bank set to put £50bn into economyThe Press AssociationBANK SET TO PRINT £50BN IN BOOST TO ECONOMYExpress.co.ukDaily Mailall 229 news articles »

Double-Dip Recession 'Too Close To Call'

2012-02-03
The UK will return to recession in the first half of this year, one influential think-tank has warned, but other new data from the services industry suggests otherwise.

Recession risk eases as service sector grows

2012-02-03
LONDON (Reuters) - Britain's dominant services sector grew at the fastest pace in 10 months in January and firms became much more optimistic, a survey showed on Friday, crowning a raft of upbeat economic news this week that raised hopes Britain may avoid recession. The surprise rebound provides some relief to the government - under pressure again to ease its austerity drive - as well as food for ...

Pockets of Prosperity Across USA Escaped Recession

2012-02-02
The recession hammered household income across the nation, but nearly a quarter of the states remained pockets of prosperity.

UK recession looms, says report

2012-02-02
The UK will enter recession in the first half of the year as households continue to cut back, says the National Institute of Economic and Social Research.

Fact Check: Romney on the Recession

2012-02-03
Mitt Romney has revived his assertion that President Obama made the recession worse. Economists, the nonideological ones, disagree.