Latest Headlines On The Recession – 6/13/08

Posted: June 13, 2008 in Recession News
Tags: , ,

Dow dives almost 400 on oil, job news
Boston Herald – United States
“It does suggest a recession won’t be mild and could be a lot worse than people were thinking.” Robert MacIntosh, chief economist for Boston’s Eaton Vance

UK edges towards recession as growth forecasts fall and job losses
Independent – London,England,UK
By Sean O’Grady Fears grew yesterday that Britain is fast edging into recession with statistics showing unemployment rising for a fourth month in a row,

Reuters Summit-NBER chief-US slipping into recession
guardian.co.uk – UK
By Emily Kaiser and Ros Krasny NEW YORK, June 11 (Reuters) – The US economy likely peaked in December or January and is now slipping into a recession,

Zandi Predicts $4.75 Gas by July 4, as Households Feel Recession
Wall Street Journal Blogs – New York,NY,USA
The average American household is experiencing a recession and the near-term economic outlook is looking increasingly dim, said Mark Zandi, chief economist

Positive response to the warnings of the recession…

Seeing Recession When There’s None to Be Found: Kevin Hassett
Bloomberg – USA
June 9 (Bloomberg) — The idea that the US is in a terrible recession that may turn into a depression has spread like a malicious computer virus.

US slowdown to be long, but no recession: survey
Reuters – USA
second half of this year and in 2009, but more have come to the view that the United States will dodge a recession, a survey released on Tuesday showed.

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