Philip Chua Business Blog

Posts Tagged ‘recession’

No matter what we do or how long our day goes on for, we eventually retreat to our homes in the evening. In similar fashion, and because the housing market is at the epicenter of this Great Recession, economists find themselves constantly going back to scrutinizing housing markets. A sustainable…

Sequential attempts to deal with particular problems in our economy have not solved any problems since the recession began. Instead, we have simply pushed the economic pressures in the economy, as if it were a child’s balloon, to another part of the balloon. Almost four years ago we published an…

The Bank of North Dakota — the nation’s only state-owned bank — might seem to be a relic. But now officials in other states are wondering if it is helping N.D. sail through the recession.

North Dakota – Bank of North Dakota – United States – Business – Politics

When employers hire temporary staff after a recession, it’s long been seen as a sign they’ll soon hire permanent workers. Not these days.









Employment – Recession – Business – Unemployment – United States

(SINGAPORE) The government’s 2009 budget deficit is likely to be smaller than projected, leaving room for a substantial fiscal package this year, economists say.
While initial estimates last year were for an $8.7 billion deficit, or 3.5 per cent of GDP, Citi economist Kit Wei Zheng said in a report yesterday that a milder recession than feared means operating revenue is likely to come in above pro… more

The risk the U.S. economy will slip back into recession is lower now than at any time in the past year, Treasury Secretary Timothy Geithner said on Sunday.







United States Secretary of the Treasury – Timothy Geithner – Economy of the United States – Business – United States

The outlook for jobs became a bit less bleak with January’s unexpected decline in the unemployment rate, which fell to 9.7 percent from 10 percent as more people said they had jobs.







Unemployment – Employment – Business – Great Recession – Job Search

Britain’s worst recession since World War II is officially over — but only just.







World War II – Great Britain – History – Twentieth Century – Wars and Conflicts

Every year brings with it a host of business buzzwords.  This year, the Great Recession — buzzword alert — made business news everyone’s business for a change.

Business – Newspapers – Magazines and E-zines – Business and Economy – Management

J.M. Smucker Co.’s acquisition of Folgers Coffee Co. continues to pay off for the jam maker, helping to more than double its fiscal second-quarter profit, as consumers continue to turn to the company’s well-known brands and eat at home more during the recession.

J.M. Smucker Co – Folgers – Beverages – Business – Food