Sentence examples for modest downturn from inspiring English sources

He would almost certainly have been aghast that the Fed blew it again in 2008 by its tight money policies that possibly turned a modest downturn into the Great Recession.

But as an economic scholar who spent years studying the Depression of the 1930s, he had also drawn the lesson that panics in financial markets can transform a modest downturn into a cataclysm.

A modest downturn that raised the number of aid recipients by 100,000 in each of the next two years would likely consume about $250 million of that fund, which is expected to reach a total of $790 million this year, the Independent Budget Office said.

Just as the farm belt resuscitated half a dozen years ago, to feed the world, so is the U.S. manufacturing sector now enjoying its second wind, literally shooting out of a modest downturn with all the signs of a new boom.

The HuffPost Pollster trend chart, which combines all available public polls, shows the sharp increase in support for Gingrich along with the more modest downturn for Cain.

Until the Lehman failure the recession was pretty typical of the modest downturns of the post-war period.

But no one who has lived through the modest downturns in the American economy of recent decades could think them comparable to the present situation.

"The question here is whether this is the fiscal collapse of the state of Connecticut or a modest revenue downturn due to a modest recession followed by a modest recovery," said the state Senate president pro tem, Kevin B. Sullivan, a Democrat.

The Greek government has based its plans to shrink the budget deficit, which is nearly 13 percent of its gross domestic product, on a modest economic downturn of 0.3 percent this year.

Perhaps rendered overconfident by this success, he then set out an objective – of achieving an absolute budget surplus – that had no economic rationale, and which was never likely to survive either political adversity or even a modest economic downturn.

Now, ad pages are on a modest upswing after a severe downturn.