Latest Recessions Stories

In the turbulent aftermath of one of the nation’s worst recessions, Chattanooga-based Davron Technologies, a manufacturer of custom industrial ovens, not only survived the economic storm, but came through it stronger than ever. Chattanooga, TN (PRWEB) May 30, 2013 By July in the long, hot summer of 2009, the manufacturing sector of the nation had failed to grow for 18 consecutive months, and companies like industrial oven manufacturer Davron Technologies were feeling the heat. Many...

TORONTO, May 29, 2013 /CNW/ - How far and how fast Canada's record-low interest rates will rise in the coming years is a vital question for consumers and businesses. In "The New "Normal" for Interest Rates in Canada: The Implications of Long-Term Shifts in Global Saving and Investment," authors Paul Beaudry and Philippe Bergevin find that the normal or "neutral" rate is likely lower than its historical average, and likely will remain at relatively lower levels over the next...

? Chemical Activity Barometer (CAB) notches tenth consecutive monthly gain -- WASHINGTON, May 21, 2013 /PRNewswire-USNewswire/ -- Tempered expansion of the U.S. economy continues, according to the American Chemistry Council's (ACC) monthly Chemical Activity Barometer (CAB) released today. The economic indicator, shown to lead U.S. business cycles by an average of eight months at cycle peaks, increased 0.1 percent over April on a three month moving average (3MMA) basis. This is the...

BROOKLYN, N.Y., May 17, 2013 /PRNewswire-iReach/ -- Ralph W. Baker, Jr's "Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead" has been recommended by Library Journal, a huge accomplishment for a first time author. Along with Publishers Weekly, Kirkus, and Booklist, Library Journal is one of the top four pre-publication book reviewers in the country. In its March 1, 2013 issue, Library Journal called Shock Exchange "An innovative look...

NEW YORK, March 27, 2013 /PRNewswire/ -- Post-recession consumer and demographic shifts are reshaping the U.S. auto industry, as much if not more than the recent economic crisis Google and Facebook provide optimistic vision of "automobility" and mobile platforms Ford announces Personalized Fuel Efficiency App Challenge to bring new ways for consumers to learn more and further improve real-world fuel economy While the great recession has fundamentally reshaped the automotive...

? Chemical Activity Barometer (CAB) up nearly 3 percent year over year - WASHINGTON, March 26, 2013 /PRNewswire-USNewswire/ -- The American Chemistry Council's (ACC) monthly Chemical Activity Barometer (CAB) released today continued to show a slowly expanding U.S. economy, increasing 0.4 percent over February on a three month moving average (3MMA) basis. The year over year 3MMA showed a 2.9 percent gain over March 2012. CAB readings for November through February were each revised...

? Chemical Activity Barometer (CAB) up nearly 3 percent year over year - WASHINGTON, Feb. 26, 2013 /PRNewswire-USNewswire/ -- The American Chemistry Council's (ACC) monthly Chemical Activity Barometer (CAB) released today continued to show a slowly expanding U.S. economy, increasing 0.6 percent over January on a three month moving average (3MMA) basis. The year over year 3MMA showed a 2.9 percent gain over February 2012. The CAB is a leading economic indicator derived from a...

Economic Experts from the Vectra Bank Colorado Economic Breakfast in Denver, Boulder and Colorado Springs Agree There is Fuel in the System for More Growth This Year Denver, CO (PRWEB) February 01, 2013 At Vectra Bank Colorado's 20th Annual Economic Forecast Breakfast titled "Twenty Years Together—Where We Are & Where We’re Going,” three experts forecast “hopeful” accelerated growth for the economy in Colorado and nationally in 2013. Five economists with...

NEW YORK, Jan. 7, 2013 /PRNewswire/ -- The Conference Board Measure of CEO Confidence(TM), which decreased in the third quarter, improved in the fourth quarter. The Measure now reads 46, up from 42 in the third quarter (a reading of more than 50 points reflects more positive than negative responses). Says Lynn Franco, Director of Economic Indicators at The Conference Board: "CEO Confidence improved in the final quarter of 2012, despite the cloud of fiscal uncertainty. However,...

Lawrence LeBlond for redOrbit.com - Your Universe Online US teenagers born during the early 1980s were found to have been slightly more prone to drinking, smoking, theft and arrests due to macroeconomic conditions during the first year of their life, according to new research from the State University of New York Upstate Medical University (SUNY). The current economic crisis has received much attention from policy makers, although the focus has been more on short-term effects. Long-term...