On Tuesday, Parker Hannifin, a diversified manufacturer of motion and control technologies and systems, posted a 26.7% decrease in fiscal second-quarter profits attributed to a deepening global recession.
This time we're having a different sort of recession, widely attributed to a "credit cycle" – ie to a period of excessive lending followed by a sudden dearth in lending.
But Mr. Bush, the son of a president whose loss in 1992 was widely attributed to a failure to address the last recession more aggressively, seemed mostly intent on assuring voters that he was in touch with what the weakened economy meant to individuals.
In many industries, sharp employment cuts during the recession cannot be attributed to a lack of demand.
In addition, almost all of the job loss during those recessions can be attributed to a drop in middle-skill occupations.
Far from a failure of democracy, the most dramatic leaps in public indebtedness can be attributed to a failure of capitalism and the form of neoliberalism at the heart of the great financial recession.
Despite a recession and cuts, drama is thriving, something Penhall attributes to a reaction against trends elsewhere in popular culture.
The World Trade Center attack on Sept. 11, 2001, cost the city's economy 143,000 jobs a month and $2.8 billion in lost wages in the subsequent three months, a far greater impact than could be attributed to the recession that had begun earlier that year, according to a study to be published today by the federal Bureau of Labor Statistics.
Traffic to the site has increased every year but 2009, a dip he attributed to the recession.
These numbers are welcome for the concert business, which faltered in 2010 after more than a decade of swift growth, for reasons variously attributed to the recession, weak lineups and overpriced tickets.
