Recession

An economic slowdown is a contraction in the economy. This can be viewed by using several indicators, including lower gross domestic product (GDP), higher unemployment, lower industrial production, lower business investment, a decline in retail sales, and a decrease in corporate profits. Not all of these factors need to be declining for an economic slowdown, but these are some of the main indications to watch for regarding the overall health of the economy. Some consider a recession to be occurring when there are two consecutive down quarters of gross domestic product (GDP). According to the National Bureau of Economic Research, a recession is “a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real money, employment, industrial production and wholesale retail sales.”


Recession Ahead for U.S. Economy; These Two Indicators Say Yes

By Wednesday, June 17, 2015

recessionSome very interesting news (or should I say warnings) to share with my readers today…If you’ve been reading Profit Confidential for some time now, you know I am predicting a recession in late 2015 or early 2016. A recession is technically defined as two consecutive quarters of negative gross domestic product (GDP). We are almost. Read More

Truth Behind So-Called “Recovery” in the U.S. Economy

By Monday, June 15, 2015

U.S. Economy SufferingLast Friday, the U.S. Bureau of Labor Statistics reported that in the month of May, 280,000 jobs were added to the U.S. economy. The unemployment rate was unchanged and stood at 5.5%. (Source: Bureau of Labor Statistics, June 5, 2015.)If you just look at the current unemployment rate, it’s a massive improvement from the 10% unemployment. Read More

U.S. GDP Contracts in 1Q15; Economy Halfway to a Recession This Year

By Monday, June 1, 2015

U.S. GDPEarlier this year in Profit Confidential, I wrote that I wouldn’t be surprised to see the U.S. economy enter a recession in 2015. I got a lot of flak here from my fellow economists…even some of my customers thought that prediction was too far off.But, lo and behold; we are already halfway there.On Friday, according to the revised. Read More

Recession in Late 2015 a Strong Possibility as U.S. Economy Slows at Alarming Pace

By Friday, May 22, 2015

Recession in Late 2015Is the U.S. economy getting close to a recession? Rising business inventory and slowing consumption say yes.In these pages, I have argued over and over again that consumption data is important; it’s the biggest part of the U.S. gross domestic product (GDP) calculation. And, currently, consumption in the U.S. economy is stalling. Read More

U.S. Economy Faces Budget Crisis in 32 American States

By Thursday, May 21, 2015

U.S. EconomyWe are frequently told that the U.S. economy has recovered from the Great Recession of 2008 and 2009. However, according to a recent report, 32 states still face budget gaps in fiscal 2015, 2016, or both. (Source: Reuters, April 27, 2015.)Does a Revenue Problem Mean Higher Taxes in the Future?The fact that a majority of states are facing. Read More

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From: Michael Lombardi, MBA
Subject: Golden Opportunity for Stock Market Investors

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