Sentence examples for sustained recession from inspiring English sources

However, a sustained recession at the turn of the 21st century culminated in a financial crisis in which the government led by a quick succession of presidents and presidential resignations defaulted on its foreign debt and again devalued the Argentine peso.

But if a sustained recession hits the U.S., that could diminish that growth even further, complicating predictions such as this one.

However, a sustained recession at the turn of the 21st century culminated in a default, and the government again devalued the peso.

The UK has also "double-dipped" in a way that other countries have not (although Italy has remained in a long sustained recession).

"They're actually still in a sustained recession — and in some countries it's a sustained depression".

"Pueblo's been in a sustained recession for about 30 years," said Pace. "We're an old steel town and the steel industry crashed.

State legislatures all over the country are currently reeling because they followed Congress's lead and cut taxes in boom times to a level that could never be sustained when recession kicked in.

In addition to the flood, the city's economy has been weakened by a sustained agricultural recession, the recent closing of a local missile base and a persistent "brain drain" of younger, educated people.

While it remains to be seen whether the momentum of the late 90's can be sustained amid recession and civic trauma, there are enough projects in the pipeline to guarantee, for now, that the transformation will continue.

The Los Angeles Angels, hosts of the 2010 All-Star Game, said it helped cushion the blows they might have sustained during the recession.

College and university endowments have recovered most of the losses they sustained during the recession, now that the economy has begun to grow.