Archive for the ‘Recession News’ Category

There’s been all sorts of talk over the last months from some that said we were headed into a recession, some who said we were already in a recession and some who said we weren’t.

I’ve posted these positive AND negative news stories here to keep you informed, and let you decide for yourself. Up until this point it’s been seeming that things were headed that way, if not already there, but no one has been willing to give an official opinion.

Well, it’s now official. The U.S. is in a recession.

The National Bureau of Economic Research confirmed and put an official date on the recession. The crazy thing is that they said this… The U.S. recession BEGAN in December 2007!

READ More From MSNBC: “It’s Official: The U.S. Is In Recession”

If you’d like some help in your business at NO cost, then I’d like to offer you two ways to get it:

1. You can see some recession solution methods for a free by signing up to take a “sneak peek” at two of the interviews from my two e-manuals. Just go here, fill in your name and email address, look for your confirmation email and you’ll have the first interview “in your hands” in minutes from now.

2. The other way is by getting a FREE HOUR consultation from me by phone. I don’t have the time to do an unlimited number of these calls, but I can do some. Just email at recessionsolution at gmail.com (NOTE: replace “at” with “@” and write as regular email).  Put this as your subject line: “I’m interested in a phone consultation.”

Advertisements

Greenspan says US economy on brink of recession
Reuters – USA
JOHANNESBURG (Reuters) – Former US Federal Reserve Chairman Alan Greenspan warned on Tuesday the US economy was “on the brink” of a recession.

Chapman University forecasters say US is in recession
Los Angeles Times – CA,USA
“At a local level, we are in a recession,” said Esmael Adibi, director of the A. Gary Anderson Center for Economic Research at Chapman University in Orange.

Consumers: Worst Month Ever
Forbes – NY,USA
Consumer confidence in May fell to its lowest level since October 1992 when the economy was coming out of a recession. The trifecta of rising food and

Positive response to the warnings of the recession…

No Recession For Online Advertising, Promise
By Tom Chapman
I continually hear and read in the news that the US economy is tumbling rapidly towards a recession or even more depressing is that we may already in a recession. What is a recession and why should we fear it? To quote the all-knowing

‘Not the time to invest for recession

MarketWatch – USA
Ron Florance, director of asset allocation and strategy for Wells Fargo Private Bank, said that this is “not the time to invest for recession, it’s the time

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.

More positive response to the warnings of the recession…

Is it or isn’t it? Opinion divided on US recession
Fair Investment Company – Bristol,UK
Headlines differ daily, some exclaiming that a recession is on America’s doorstep and others trying to prevent panic and quell fears that the worst is yet

White House Economist Confident US Not in Recession
Wall Street Journal Blogs – New York,NY,USA
The White House’s top economist said he’s confident the US economy hasn’t dipped into recession, and expressed optimism that stimulus checks could bolster

Some news on possible recession for New York

Report: NY recession beginning, slow recovery expected
BusinessWeek – USA
David Paterson said Thursday a recession is beginning in New York and should continue into early 2009, followed by a slow recovery. New York Budget Director

State Officials Predict a Deep Recession
New York Times – United States
By NICHOLAS CONFESSORE ALBANY — State budget officials said on Thursday that New York’s economy was slipping into a recession that could last through early

Positive response to the warnings of the recession…

Is the Tech Industry Recession-Proof?
PC Magazine – USA
I was in an upscale restaurant in Newport Beach, CA recently and they had a “recession special” on the menu. The word on the street and in the media in