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Journal Article
Economic hangover: recovery is likely to be prolonged, painful
Emmons, William R. (2010-04)
It's time to pay the piper for our freewheeling spending of the past decade. Although some scenarios for the future economy provide reason to hope, the recovery is likely to be slow and volatile.
The Regional Economist , Issue Apr , Pages 4-9

Journal Article
Now and then: Dissecting regional differences during recessions
anonymous (2002-01)
EconSouth , Volume 4 , Issue Q1 , Pages 8-13

Journal Article
The macroeconomy of the U.S. states: on the road to recovery?
Garriga, Carlos (2013)
Despite the recent recovery in house prices, most state economies have yet to recover from the Great Recession.
Economic Synopses

Journal Article
The Great Recession’s effect on entrepreneurship
Shane, Scott (2011-03)
Though the recent recession was the worst downturn since the Great Depression, some observers argue that one silver lining is an upswing in entrepreneurship. Recessions, they claim, provide laid-off workers with the motivation to start their own businesses, and a recent study suggests that in 2009 the number people becoming self employed spiked to its highest level in more than a decade. Unfortunately, a careful look at multiple sources of data shows that the Great Recession was actually a time of considerable decline in entrepreneurial activity in the United States.>
Economic Commentary , Issue Mar

Journal Article
Dating the end of the recession: evaluating the economic indicators
Kliesen, Kevin L. (2009)
Economists focus on certain indicators that might signal when one business expansion ends and the next one begins.
Economic Synopses

Journal Article
Forecasting cyclical turning points: the record in the past three recessions
McNees, Stephen K. (1987-03)
New England Economic Review , Issue Mar , Pages 31-40

Speech
Regional economy and manufacturing update
Dudley, William (2010)
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Speech , Paper 28

Journal Article
Yielding clues about recessions: the yield curve as a forecasting tool
Stojanovic, Dusan; Vaughan, Mark D. (1997-10)
It's been used for years as a predictor of future interest rates, but these days, the yield curve is being used to predict recessions.
The Regional Economist , Issue Oct , Pages 10-11

Journal Article
Why small businesses were hit harder by the recent recession
Sahin, Aysegul; Kitao, Sagiri; Cororaton, Anna; Laiu, Sergiu (2011-07)
Although both large and small businesses felt the sting of job losses during the 2007-09 downturn, small firms experienced disproportionate declines. A study of the recession?s employment effect on small firms suggests that poor sales and economic uncertainty were the main reasons for their weak performance and sluggish recovery?problems that affected large firms too, but to a lesser degree. Although a tightened credit supply constrained some small firms, weak consumer demand for the firms? products and services was a more pressing factor, reducing revenues and dampening new investment ...
Current Issues in Economics and Finance , Volume 17 , Issue July

Journal Article
The recession's impact on the state budgets of New York and New Jersey
Deitz, Richard; Steindel, Charles; Haughwout, Andrew F. (2010-06)
In the wake of the most recent U.S. recession, both New York State and New Jersey have faced multibillion-dollar budget gaps. An analysis of the makeup of their budgets reveals that the states' heavy reliance on personal income taxes--particularly from high-wage earners in the finance sector--has exacerbated revenue shortfalls. To close their budget gaps, New York and New Jersey have had to make difficult choices about tax increases and service cuts. In the future, the states might take steps to avert such budget quandaries by establishing "rainy day" funds or restructuring taxes to make ...
Current Issues in Economics and Finance , Volume 16 , Issue Jun/Jul

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