A period of large trade deficits and improper real estate investment hit Bulgaria hard during the late-2000s recession, resulting in a 5. 5 % GDP decline in that period, a rise in unemployment, and spending at least five quarters in its worst recession since the early 1980s.

The company's business suffered notably during the late-2000s recession, laying off more than half its workforce between January 2009 and September 2010.

After a strong GDP growth in 1945-1990, the last two decades's average annual growth rates lagged well below the EU average ; moreover, Italy was hit particularly hard by the late-2000s recession.

Hispanic immigrants were among the first victims of the late-2000s recession, but since the recession's end in June 2009, immigrants posted a net gain of 656, 000 jobs.

From 2008 the team further suffered from the late-2000s recession, which hit Florida particularly hard, and structural changes within the NFL that disadvantage teams in smaller markets.

In 2010, David McWilliams, writing in the Sunday Business Post of Dublin, Ireland, referred to the irresponsible fiscal policies that lead to the world-wide late-2000s recession as " Moonie economics.

The Economy of Poland is a high income economy and is the sixth largest in the EU and one of the fastest growing economies in Europe, with a yearly growth rate of over 3. 0 % before the late-2000s recession.

Australia was able to maintain positive growth throughout the late-2000s ( decade ) recession.

The endowment fell 25 % in 2009 as a result of the late-2000s recession, but posted gains of 14. 4 % in 2010 and 22. 4 % in 2011, when it was valued at $ 16. 5 billion.

Like most industrialized economies, Korea suffered significant setbacks during the late-2000s recession that began in 2007.

In 2011, international travel demand continued to recover from the losses resulting from the late-2000s recession, where tourism suffered a strong slowdown from the second half of 2008 through the end of 2009.

The Polish economy is the sixth largest in the EU and one of the fastest growing economies in Europe, with a yearly growth rate of over 3. 0 % before the late-2000s recession.

More international and low-cost airlines are commencing service at Washington Dulles, and traffic in 2010 is rebounding from the loss in passengers due to the late-2000s recession and the September 11, 2001 attacks.

Although many economists, such as George Akerlof, Paul Krugman, Robert Shiller, and Joseph Stiglitz, support Keynesian stimulus, over 300 economists signed a petition stating that they do not believe higher government spending will help the United States economy recover from the late-2000s recession.

The late-2000s recession, which is the most significant global crisis since the Great Depression, has at times been termed a depression, but this terminology is not widely used, with the episode instead being referred to by other terms, such as the " Great Recession ".

Key leads the Fifth National Government of New Zealand which entered government at the beginning of the late-2000s recession in 2008.

In the early 21st century, there has been a renewed focus on cooking at home due to the late-2000s recession.

By 2006, Mesquite was one of the fastest-growing small towns in the United States, though the late-2000s recession led to the closure of both the Mesquite Star and Oasis casinos.

The planned Wal-mart Supercenter was scrapped in 2007, instead the current Wal-mart received an upgrade ; and none of the planned developments have yet been built, though this could have much to do with the late-2000s recession.

Some media commentators were taken aback by the online launch of a site supporting conspicuous consumption during the financial austerity of the late-2000s recession.

With consolidation of dairy and the late-2000s recession, some of these industries have contracted, but the medical complex has expanded, now employing thousands, and Roehl Transport has also become a huge enterprise.

With the late-2000s recession hitting the 18-35 demographic targeted by the CP + B created ads particularly hard, the company saw its market share decline and the company move into the red.

A fund-raising campaign called " Promise & Distinction " raised $ 730. 6 million as of October 3, 2008, increasing the university's total endowment to more than $ 1. 1 billion ; by March 2009, Yvette Jones, Tulane's Chief Operating Officer, told Tulane's Staff Advisory Council that the endowment " has lost close to 37 %", affected by the late-2000s recession.

Masjid Kelana Jaya Putera, which was built in the late-2000s, is located in Kelana Jaya.

Immediately to the south on Moreland, just through the DeKalb Avenue and Georgia Railroad underpass, is the Edgewood Retail District, a late-2000s urban infill land development of former Atlanta Gas Light Company land.

Lehman Brothers ' bankruptcy filing is the largest bankruptcy in U. S. history, and is thought to have played a major role in the unfolding of the late-2000s global financial crisis.

After the late-2000s financial crisis commentators noted that the Federal Reserve Board used its power to grant exemptions from Federal Reserve Act Section 23A ( part of the 1933 Banking Act and the “ principle statutory ” firewall between banks and their affiliates ) to permit banks to “ rescue ” various affiliates or bank sponsored participants in the “ shadow banking system ” as part of a general effort to restore liquidity in financial markets.

During the late-2000s economic recession which gripped the nation, the king discretly used his influence to facilitate a bi-partisan response to the crisis.

Logo of the Learning Company used from the mid-1990s until the late-2000s.

Following the turn of the 20th to 21st century, specifically during the late-2000s financial crisis, many politicians and pundits, such as Gordon Brown, and Henry Kissinger, used the term " new world order " in their advocacy for a comprehensive reform of the global financial system and their calls for a " New Bretton Woods ", which takes into account emerging markets such as China and India.

* The index reached its all-time high on October 9, 2007 at the 15, 806. 69 point level, right before the onset of the late-2000s recession and the related late-2000s financial crisis.

Whatever chance that funding had of materializing was negated by the rapid onset of the late-2000s financial crisis, and the Sun ceased publication on September 30, 2008.

In a 2011 report on the late-2000s financial crisis, the British House of Lords bemoaned the demotion of prudence as a governing principle of accounting and audit.

The first album released with Hogarth, 1989's Seasons End, was a hit, and albums continued to chart well until the dissipation of the band's mainstream popularity in the late 1990s ; save for a resurgence in the mid-to late-2000s, they have essentially been a cult act since then.

The earliest use of the phrase dates from 1985 when the Singaporean and Malaysian stock markets bounced back after a hard fall during the recession of that year.

In the recession which followed the financial crisis, the phrase was often used to describe companies which could avoid share issues or bankruptcy.

And there is the bright note: The gains were achieved in the face of temporary traffic lags late in 1960 and early in 1961 as a result of business recession.

The received frequency is higher ( compared to the emitted frequency ) during the approach, it is identical at the instant of passing by, and it is lower during the recession.

It is the costs of such a recession that likely causes governments and central banks to allow a supply shock to result in inflation.

The recession of the glaciers is so recent ( in geologic terms ) that modern-day drainage patterns are immature and poorly established.

The weight of the continental glaciers depressed the land over which they moved, and even now, a hundred centuries after their recession, Finland is rising up from this great load through the process of isostatic rebound.

Although the theory of special relativity forbids objects to have a relative velocity greater than light speed, and general relativity reduces to special relativity in a local sense ( in small regions of spacetime where curvature is negligible ), general relativity does allow the space between distant objects to expand in such a way that they have a " recession velocity " which exceeds the speed of light, and it is thought that galaxies which are at a distance of more than about 14 billion light-years from us today have a recession velocity which is faster than light.

GDP growth is set to enter a recession in 2012.

During a recession, aggregate expenditure is deficient causing the underutilisation of inputs ( including labour ).

Keating's tenure as treasurer and prime minister is often criticised for high interest rates and the 1990s recession-the so-called " recession we had to have ".

It is often said that the Bank was too slow in easing monetary policy, and that this ultimately led to a recession.

However — it is largely true — the boom begat the recession.

In economics, a recession is a business cycle contraction, a general slowdown in economic activity.

A severe ( GDP down by 10 %) or prolonged ( three or four years ) recession is referred to as an economic depression, although some argue that their causes and cures can be different.

In more technical terms, Krugman argues that the private sector savings curve is elastic even during a balance sheet recession ( responsive to changes in real interest rates ) disagreeing with Koo's view that it is inelastic ( non-responsive to changes in real interest rates ).