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Recession |
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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. |
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Ted Gibson, chief economist for the California Department of Finance, said there is not enough evidence yet to say the state has entered recessionary territory. Despite the recessionary environment there for the past few years, Japan is one of our fastest growing and profitable markets," Sutton continued. the underlying marketplace model is sound and conducive to recessionary efficiencies, the report notes. |
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