But the economic downturn held up that project for years.
But concerns about a downturn nudged up borrowing costs even before the turmoil of recent days.
Like other airports, this one has been feeling the pinch of the global economic downturn, chalking up only 18 million visitors last year, a 15percentt decrease from 2001.
He added that the chances of a "double dip" downturn opening up a fresh chapter in the recession appeared to be "rapidly going away".
Still, Mr. Barnett appears to be doing what few of his rivals are willing to do in the current downturn: put up a lot of his own money.
Tay said the mood started to sour late in 2007, when sales in Japan showed signs of weakening; but the downturn picked up momentum region-wide only in the third quarter of 2008.
Turning 30 in a Downturn Growing up in Columbia, S.C., Eric Williams said, his father, a car salesman, always told him to save money, pay his bills on time and avoid debt.
By the same token, the uptick in December garnered lots of attention because it carried Chinese manufacturing across the dividing line between contraction and expansion.In this section Crazy aunt on the loose The case for the defence Horns of a dilemma China's version of contraction Rich managers, poor clients Half-cocked Basel Called to account Downturn, start up ReprintsOr did it?
Analysts said Sainsbury's - which is expected to report a sales downturn of up to 4% in a second quarter trading update next week - was preparing for potentially aggressive price cuts from its much bigger rival, which is battling to win back shoppers under new chief executive Dave Lewis.
With the downturn grinding up hundreds of thousands of U.S. jobs each month, AMD is just the latest midtier tech company looking at a tough fight.
