Trend Results : The Great Recession
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FILTER RESULTS ►Summer Travel Forecast: Better, but No Blowout
For a travel industry still stinging from the Great Recession, the best it can likely hope for is another summer of steady, but slow, recovery. The blockbuster crowds seen in 2007 have become a distant memory.
Your Take: Do You Trust the Stock Market?
Last week, I wrote about how few “retail investors,” that’s folks like you and me, have come back to investing in the stock market after the craziness of the Great Recession. The market has made significant gains, erasing the losses of the Great Recession, but many investors are still on the sidelines. Then came word [...]Show More Summary
Dollar Tree, Inc. (DLTR) & Dollar General Corp. (DG) Continue to Dominate
Dollar stores in the United States have seen great success since the recession hit in 2008. Many consumers have scaled down their spending as a result of painfully high unemployment and stagnant wages. Furthermore, now that the payroll tax hike and ongoing sequester are taking deeper bites out of the American consumer, it’s appearing more [...]
First Solar Becomes Sustainable In The Best Way
By Dana Blankenhorn: The First Solar (FSLR) roller coaster has lately been tilted upward. After riding through the great recession at prices upward of $190/share, FSLR shares fell steadily through 2011 and at one point last year were as cheap as $12.80. Show More Summary
Our Best President for the Economy?
With the stock market hitting new highs, some people have already forgotten about the Great Recession, observes Adam Hartung, Forbes. "Recall 2009. Things looked pretty bleak economically. But the outlook has changed dramatically in just four years. Show More Summary
Lennar Corporation (LEN), Standard Pacific Corp. (SPF), PulteGroup, Inc. (PHM): Play the Housing Rebound With These 3 Homebuilders
No sector was hurt as much as housing during the Great Recession of the last decade. Most analysts said that housing would take a decade or more to recover. California, Nevada, Texas, Arizona, and Florida were among the hardest hit states. Now, the U.S. economy is improving and the labor market is recovering. Inventories of [...]
CarMax, Inc (KMX), Sonic Automotive Inc (SAH): This Dealership is Outgrowing the Competition
The slow-but-upward climb of the United States economy has lifted domestic automobile sales along with the auto industry’s top line. The recent increase in auto sales is likely due to consumer deleveraging during the Great Recession; with cleaner balance sheets and rising income, consumers can finally afford to buy new cars again. Although General Motors [...]
General Motors Company (GM), Chesapeake Energy Corporation (CHK): What Do Oklahoma City & Seattle Have In Common?
It’s a fairly well-accepted narrative that manufacturing in America is all but dead. Over 3 million manufacturing jobs were lost during the Great Recession, and what’s left will eventually be outsourced — or so the thinking goes. But a closer look at the numbers shows that there are a number of big cities across the [...]
The Last Of The 2008 Doomsday Scenarios Is Fading Away
By Sy Harding: The gloom and doom theorists swarmed out of the woodwork during the 2008 financial meltdown in reaction to government actions taken to prevent the 'great recession' from morphing into the next great depression. The blame fell on both political parties. Show More Summary
5 American Cities With a Booming Manufacturing Industry
It's a fairly well-accepted narrative that manufacturing in America is all but dead. Over 3 million manufacturing jobs were lost during the Great Recession, and what's left will eventually be outsourced -- or so the thinking goes. But...Show More Summary
The Richest Country has Left Millions Out in the Cold: American Winter
By Tessa Farnsworth Curry America is facing a problem and ignoring it doesn’t make it go away. Since the Great Recession in 2008 11.7 million people are still unemployed, we...
10 Weekend Reads
My longer form weekend reading material: • How the Case for Austerity Has Crumbled (NYRB) • That’s a ‘Depression’: Europe’s Double-Dip Is Officially Longer Than Its Great Recession (Atlantic) • Dirty medicine (Fortune) see also Meet the career con man who made a fortune selling illegal pharmaceuticals online—and pulled off a federal sting that forced...Read More
Obamanomics Analysis: Class of 2013 without jobs, have debt
WASHINGTON — For the fifth straight year, a graduating class of American college students is staring straight at the Great Recession and blinking their eyes. College graduates no longer have the jobs promised to them when they applied to college. Reuters provides anecdotes and first-hand accounts of college graduates across America, and all have one [...]
Great Recession will haunt millions into their retirement years, study finds
The Great Recession hurt a lot of people and this loss of wealth will follow millions into retirement, according to a report released Thursday. Early baby boomers (those born between 1946 and 1955) may be “the last group on track to retire with enough savings to maint …
George Akerlof on the Response to the Financial Crisis and Great Recession
In a blogpost taking stock of the IMF conference on lessons from the crisis, the Nobel laureate distills the lessons learned. He makes the following observations: Not only are financial recessions deeper and slower in recovery than in normal recessions. Show More Summary
Will Budget Cuts Hurt Jazz Education's Swing in the USA?
Though economic indicators suggest we are slowly emerging from the Great Recession here in the United States, repercussions could echo through the jazz world for a generation. The past five or so years of extreme cuts to public school budgets-- especially the arts programs-- could mean a dearth of well-trained, young musicians...
Darius Graham: Time to Put Lawyers Back to Work as Public Servants
Since the start of the Great Recession, numerous articles and reports have detailed the employment woes of lawyers and recent law school graduates.
Amid New Data About The (Shrinking) Deficit, Will Washington Finally Focus On Jobs?
The budget deficit will shrink to its smallest level since before the Great Recession in 2013, and it will continue shrinking through 2015, according to revised estimates from the Congressional Budget Office released Tuesday. In reality, the deficit is even smaller than the CBO predicts, since its “current law” projections assume that funding for the [...]
Temps Working More Hours Than Employees
Prior to the Great Recession temporary workers worked, on average, fewer hours per week than regular employees. But as the chart below (from a NY Times Economix blog post) shows, this shifted in 2009 and temps now work, on average,....
Today's Austerity Smackdown: US vs. UK
This chart is making the rounds today, so I might as well join in the fun. It shows how well the U.S. economy has recovered from the recession compared to Great Britain. The Tory approach in Great Britain has famously been based on austerity measures, and it sure doesn't seem to be working all that well. Show More Summary
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