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Banks need to analyze what they will need to cover their estimated write-downs if the downturn continues over a couple of years — assuming a downturn continuation scenario.
"If this downturn continues, I would have to adjust my lifestyle -- and that wouldn't be easy.
And attracting gifts from alumni may get harder if the downturn continues or tax laws change.
More arts groups have announced budget, pay and staff cuts as the economic downturn continues to take a toll.
The attacks guarantee contraction, forecasters say, leading to an outright recession if the downturn continues through Christmas.
As the downturn continues to bite, Coleridge will test the old maxim that luxury is recession-proof.
Similar(28)
As the economic downturn continued, free silver advocates blamed its continuation on the repeal of the silver purchase act, and the issue of silver became more prominent.
Meanwhile, renewed concern over the world economic downturn continued to hammer the oil price, which dropped 8% today.
While manufacturing, the sector hardest hit by the downturn, continued to pare jobs, the loss was the smallest since late 2000.
The agency forecast that the global youth unemployment rate would continue to increase through 2010, to 13.1 percent, as the effects of the economic downturn continue.
In the meantime, the economic downturn continued to hurt passenger numbers, forcing airlines across the world to cut prices and the number of flights.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com