Sentence examples for recession rules from inspiring English sources

It's all change in the world of foreign spending and recession rules now apply.

To have an economic recession, the rule of thumb is that we need to have three successive quarters during which gross domestic product, or GDP, falls – not just that it's growing at a slower rate, but that it actually is contracting.

Other food stamp eligibility expansions are permanent in that new legislation would be required for them to return to the pre-recession eligibility rules.

The commission made it clear that the prospect of a deep recession means the rules that cap budget deficits at 3% of GDP will not be applied rigidly.

Some companies do allow double dipping, though the practice has most likely declined during the recession and federal rules impose more restrictions on corporate pension funds.

Although the Kurzarbeit period in Austria typically could not exceed six months, the Austrian government, in light of the ongoing recession, changed the rules in early 2009 to allow up to 18 months of Kurzarbeit in extreme cases.

"The possibility of recession cannot be ruled out, especially if recovery of global demand in the coming quarters fails to materialize".

There is no hard and fast way to define a recession; the old rule of thumb — two consecutive quarters of negative economic growth — no longer applies.

So after a big crisis the NAIRU rises; inflation should kick in sooner rather than later.In the wake of the current recession, though, this rule of thumb has been broken in a number of countries (see chart 2).

There was much that was miserable about the time - Tory rule, recession - and although it seems faintly absurd now, rave culture seemed a force for change and insurrection; certainly enough for the gov-ernment to bring in the Criminal Justice Act to crack down on illegal parties.

While a full-scale recession cannot be ruled out, a more likely outcome is below-normal GDP growth in the 1.5% to 2.5% range for the remainder of the year.