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But in June and July people became very interested in a "double dip" recession.
While the economy remains fragile — some experts warn that any incipient recovery could falter, resulting in a "double dip" recession — optimism on Wall Street seems to be growing.
Yet as the UK prepares to host the £9bn Olympics in a double dip recession, the difficulties of this sparkling post-industrial vision for Manchester are painfully plain.
Markets are braced for figures due out on Tuesday to show that the eurozone is officially in a double dip recession, and fear that the events of the past few days will intensify the slump.
As we expected, the housing sector is already in a double dip: Single-family starts fell by 4.2% m/m in July, the third consecutive month of decline, and both existing and new home sales touched their all-time lows.
We have left the fake recovery and are entering a new era of growth that could last as long as three or four years or could peter out very quickly in a double dip recession.
Similar(52)
But some economists are increasingly concerned about the prospect of a relapse in 2002, a "double dip" recession.
Official numbers confirmed this morning that Spain is back in recession, suffering a double dip (like the UK) after GDP fell 0.3% in the first three months of the year.
Those topics are, according to the analysts: In our view, Moynihan must convince investors of: 1) why BAC executives remain confident that the company will not be required to issue common equity, particularly in the event of a double dip in the broader U.S. economy?
Ominously, consumer confidence fell sharply.In this section A double dip?
If so, the pessimism could turn out to be self-fulfilling, in which case a "double dip" recession would be quite possible.
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