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recession |
Also found in: Medical, Financial, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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See: capitulation, decline, erosion, outflow RECESSION. A re-grant: the act of returning the title of a country to a government which formerly held it, by one which has it at the time; as the recession of Louisiana, which took place by the treaty between France and Spain, of October 1, 1800. See 2 White's Coll. 516. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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However, they warn that the next economic downturn may force some carriers to declare bankruptcy and liquidate. More Jobs: California companies added more than 17,000 jobs in September despite concerns that the slowdown in the housing market could lead to an economic downturn. Lenders across the nation are beginning to brace for a possible economic downturn, with 59% predicting their financial institutions will see a softening in their loan portfolios in the next six to 12 months, and an additional 27% anticipating a portfolio deterioration in 12 to 24 months, according to the results of this quarter's Phoenix Management "Lending Climate in America" Survey. |
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