All Articles Tagged As: recession

More study needed to halt Illinois job slump, economist says (2/8/2010)

llinois is mired in a deep employment recession that could linger for years unless the state unravels the roots of its nearly decade-long job slump, a new study by a University of Illinois economist warns. ...> Full Article

Contain the damage of the financial crisis (1/27/2010)

The financial crisis creates chances for companies that learn to assess risk, recognize opportunity and take action quickly. "Beat the Crisis: 33 Quick Solutions for Your Company" is an antidote to the chorus of doom-and-gloom, a manual for business leaders and employees who are ready to fight. In this book, international strategy guru Hermann Simon offers 33 practical actions that any company can take immediately. ...> Full Article

Strategic management theory offers fresh take on the economic crisis (11/28/2009)

Research which appears in the November issue of Strategic Organization, published by SAGE, illustrates new ideas and philosophies in economics from strategic management. Strategic management theory -- with its emphasis on heterogeneously distributed and rather immobile and inelastic resources and capabilities -- is ready to open the debate to new ideas for the recovery. ...> Full Article

Credit crisis, debt load a double whammy for investment (11/12/2009)

Firms with heavy long-term debt that came due amid the nation's recent credit crisis slashed investment more than three times as much as companies whose paybacks ducked the meltdown, a new University of Illinois study found. ...> Full Article

Shifts in consumer spending and saving will usher in a new economic era (9/17/2009)

Consumer spending will lag rather than lead the recovery from the current recession, according to University of Michigan economist Richard Curtin. ...> Full Article

Economic crisis heightens financial fallout for bereaved (6/23/2009)

A drop in the value of some older people's savings and investments during the current economic crisis will worsen the financial difficulties already felt by many when their partner dies. New research funded by the Economic and Social Research Council into the financial implications of bereavement highlights the potentially devastating economic consequences of a partner's death. ...> Full Article

Consumers remain upbeat (5/20/2009)

Despite the global recession and the crisis in the banking sector, consumer confidence in financial services remains intact, according to a report compiled for the Nottingham University Business School. ...> Full Article

Saving the economy and saving the planet (4/22/2009)

Is the recession an opportunity to move away from some traditional, and environmentally unfriendly, industries to cleaner, greener industries to create new and sustainable employment? ...> Full Article

Money may not buy happiness but neither does poverty (2/26/2009)

In the past 50 years, individual levels of wealth have increased but so have crime, deprivation, depression and addictions to alcohol and drugs. Most of us believe that more money will make us happier; however, as societies become richer, does that wealth positively impact on our happiness? ...> Full Article

Financial risk taking: Blame it on the genes (2/16/2009)

A new Northwestern University study provides provocative insights that relate to the question of the day: "How in the world did so many financial titans take such huge risks with out nation's well being?" For the first time, the Northwestern research pinpoints the roles specific variants of the serotonin transporter gene and the dopamine receptor gene play in predicting whether people are more or less likely to take financial risks. ...> Full Article

Risk management critical to corporate strategy (1/9/2009)

With the consequences of the current financial crisis spreading to the real economy, lawmakers are exploring new regulations to govern the financial markets. ...> Full Article

New study calls for global project finance reform (12/30/2008)

The worldwide financial crisis puts a new emphasis on infrastructure spending, seen by many governments as a way to head off economic downturn, and as a way of holding on to achievements made in the developing world. Recent research by the Economic and Social Research Council finds that Project Finance, one of the most commonly used methods of funding major infrastructure projects in the developing world, can pose potential risks in the communities in which it is deployed. ...> Full Article

Snapshot of the recession (12/6/2008)

Job loss figures tell the story ...> Full Article

Economist says the time is nigh: Unsustainable financial boom turns to bust (10/1/2008)

Another economist has been predicting the emergence of serious financial problems for several year ...> Full Article

Economist's Model Forecasted Current Economic Slowdown One Year In Advance (9/26/2008)

An economist says that a model he developed forecasted the current economic slowdown at least one year before it became apparent to most observers ...> Full Article

Expert Warns of a Conflict of Interest If Bailout Is Implemented (9/25/2008)

Expert warns that although the bailout is necessary to restore confidence and liquidity to the markets, taxpayers should pay careful attention to any conflict of interest when the bailout is implemented. ...> Full Article

Wall Street, Washington Wading In Murky Waters Through 2008 (9/3/2008)

America still need something to pull it out of advancing debt, impending inflation, or continued recession ...> Full Article

U.S. economy: Light at the end of the tunnel (8/24/2008)

Sure, the U.S. economy is struggling, but the end to the "growth recession" may be in sight ...> Full Article

Slow Recovery, Flat Economy - But No Recession - Forecast for New England (6/2/2008)

New England will experience a slow recovery starting in mid-2008 and a relatively flat economy through 2012 as a result of the national credit and housing crises ...> Full Article

Gas prices, debt sink Florida consumer confidence to near all-time low (5/28/2008)

Tax stimulus checks failed to blunt the damaging effects of record gas prices and rising debt on Florida's consumer confidence in May, causing it to drop one point to 65 and hit a new 16-year record low ...> Full Article

Florida consumer confidence in April sinks to new 16-year record low (5/1/2008)

Falling housing prices, tighter credit and rising gas and food costs caused Florida's consumer confidence to drop four points to 66 in April ...> Full Article

Experts say overhaul proposals could worsen credit crisis (4/7/2008)

The Bush administration's sweeping plan to overhaul the nation's financial regulatory system could compound the credit crisis it seeks to cure ...> Full Article

Economist Says Recession Hits Florida Harder (4/3/2008)

Florida's struggling housing industry and slumping employment rates signal recession for the Sunshine State ...> Full Article

Recession's root cause is consumer debt, expert says (4/1/2008)

The root cause of the current economic slowdown in the U.S. goes back several decades. ...> Full Article

U.S. Should Worry About 'Morning After' Economic Stimulus Plans (3/3/2008)

Economists should be more worried about "the morning after" the tax-rebate stimulus package and Federal Reserve's interest rate cuts than whether to call the current slowdown a recession. ...> Full Article

U.S. economy teetering, but could still avert recession (1/30/2008)

The U.S. economy is sputtering amid a lingering housing slump and growing jitters on Wall Street, but whether a recession lies ahead is still anyone's guess, a trio of University of Illinois economic experts say. ...> Full Article