TITLE

A ray of light at tunnel's end

PUB. DATE
June 2009
SOURCE
Las Vegas Business Press (10712186);6/1/2009, Vol. 26 Issue 22, pP32
SOURCE TYPE
Periodical
DOC. TYPE
Opinion
ABSTRACT
The author reflects on the U.S. recession which has affected consumer spending and gross domestic product. It is noted that there has been a surge in consumer spending in the country in spite of the economic downturn due to tax refund checks and reduced mortgage payments because of home refinancings. It was also confirmed by Federal Reserve policymakers that consumer spending has demonstrated signs of stabilizing.
ACCESSION #
41337884

 

Related Articles

  • Surviving a Slowdown: What You Can Do Now. Kiviat, Barbara // Time;2/4/2008, Vol. 171 Issue 5, p30 

    The article offers suggestions for how consumers can prepare for a recession. Included is an exhortation to invest well, suggestions for good careers in which to be, real estate advice, and a comment on what to do with tax rebates should the consumer receive one. The author provides several...

  • Does Economic Recovery Hinge on Them?  // USA Today Magazine;Aug2009, Vol. 138 Issue 2771, p10 

    The article examines the potential of the babyboom generation in the U.S. as key to the country's economic recovery. It is noted that babyboomers control over half of all discretionary spending while holding more than 70 percent of the nation's wealth as a statistical demographic. It is...

  • A Mental Recession. Wesbury, Brian // American Spectator;Sep2008, Vol. 41 Issue 7, p38 

    The article focuses on the U.S. economy in 2008. It discusses the recession and gasoline prices and presents information about consumer spending. An interview with Barry Diller, the chief executive officer (CEO) of IAC (InterActiveCorp), is also presented in which he discusses his economic...

  • Effects of US Downturn Too Early To Call.  // Latin America Monitor: Mexico Monitor;Aug2008, Vol. 25 Issue 8, p4 

    The article focuses on the effects of the U.S. economic recession on the real gross domestic product (GDP) growth forecast for the Mexican economy in 2008. It is stated that the 2.9% growth projection was based on a belief in the resilience of the Mexican economy to a slowdown in U.S. consumer...

  • WHAT YOU SAY.  // Advertising Age;9/29/2008, Vol. 79 Issue 36, p4 

    The article presents quotes from Gene Corrigan, Scott Taylor, and Pelham Moore on whether the financial crisis in the U.S. will reduce consumer spending.

  • Why financial media may add an edge to their tone. Campbell, Kim // Christian Science Monitor;12/24/2001, Vol. 94 Issue 22, p14 

    Reports on the financial media's portrayal of the economic slowdown in the United States.

  • Market mayhem means opportunity for patient investors. Auer, Tonie // Fort Worth Business Press;8/10/2001, Vol. 14 Issue 16, p16 

    Discusses opportunities for investors in the face of the downturn of the U.S. economy in 2001. Belief of bankers in Fort Worth, Texas that the economy could reverse directions by 2002; Importance of strategic thinking; Development of a long-term investment plan; Companies with high valuations...

  • Rebound. Thredgold, Jeff // Enterprise/Salt Lake City;3/04/2002, Vol. 31 Issue 37, p20 

    Discusses signs that the U.S. recession would end around the beginning of 2002. Projected fourth-quarter 2001 gross domestic product; Upward revisions to November and December retail sales; Rise in worker productivity; Mortgage refinancing activity.

  • Our New recession: How did we get here? What will happen next? Johnson, Mark // Fort Worth Business Press;12/7/2001, Vol. 14 Issue 33, p1 

    Focuses on the U.S. recession of 2001. Localization of declines to specific sectors; Factors that contributed to the recession; November 2001 recession announcement by the National Bureau of Economic Research (NBER); Decline of most measures of economic activity.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics