Tag Archives: Recession

PressTV: Eurozone private sector shrinks for 15th month

Tue May 7, 2013 1:36PM GMT On April 30, the Eurostat data agency revealed that the unemployment rate for the region has hit a new high of 12.1 percent in March.” The eurozone’s private sector activity has shrunk for the … Continue reading

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RT: Japan slips into technical recession

Published: 10 December, 2012, 15:30 A man walks past a share prices board in Tokyo.(AFP Photo / Kazuhiro Nogi) Japan’s economy is technically in recession after it contracted for two straight quarters, according to fresh data released by the authorities. Japanese … Continue reading

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Headlines from Mish seem to say a lot. Is it necessary to even read the articles? ~J

Eurozone Retail Sales Plunge at Strongest Pace Since Late-2008; German Retail Sales Plunge Into Contraction; French Retail Sales Plunge at Record Pace; Record Jo Losses, Record Retail Plunge in Italy Greece to Seize Money From Suspected Tax Evaders’ Accounts, with … Continue reading

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From Mish: Eurozone Composite PMI® Signals Recession Says Markit; France in Renewed Decline, German Growth Weakens, Italy and Spain Contract Further

In what should have been expected, but somehow wasn’t, Eurozone weakness is across the board except for Ireland bucking the trend for now. Markit says Eurozone Composite PMI® Signals New Recession in Eurozone Key Points for March Final Eurozone Composite Output … Continue reading

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Recession Officially Over, U.S. Incomes Kept Falling

By ROBERT PEAR  | The New York Times October 9, 2011   In a grim sign of the enduring nature of the economic slump, household income declined more in the two years after the recession ended than it did during … Continue reading

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From Mish: CNN Poll Says 8 in 10 Think US is in Recession; Obama Full-Month Approval in August Falls to Lowest of His Presidency

President Obama’s approval index rating is -21, the lowest ever. Obama’s sinking numbers can be explained by a CNN Poll: 8 in 10 think we’re in a recession Economic fears are not diminishing. More than eight in 10 Americans think the … Continue reading

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