Printer Friendly
The Free Library
5,669,693 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Recession looms.


The state is in for a rough 18 months, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the UCLA UCLA University of California at Los Angeles
UCLA University Center for Learning Assistance (Illinois State University)
UCLA University of Carrollton, TX and Lower Addison, TX
 Anderson Forecast. Thanks to a real estate slowdown For articles with similar titles, see Slow Down (disambiguation).
A slowdown is an industrial action in which employees perform their duties but seek to reduce productivity or efficiency in their performance of these duties.
, the state could teeter on the brink of recession, said economist Ryan Ratcliff. He predicts year-over-year job growth will slow to 0.7 percent, half of the 2006 growth rate, while unemployment will rise to near 6 percent from the current 5.3 percent. Personal income growth is also expected to slow to 4.7 percent from 6.4 percent in 2006. But, Ratcliff says the state, like the nation, should escape a full-blown recession, unless there's a substantial weakening weak·en  
tr. & intr.v. weak·ened, weak·en·ing, weak·ens
To make or become weak or weaker.



weaken·er n.
 in another economic sector or the real estate collapse is more severe than anticipated.
COPYRIGHT 2007 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:News of the Week
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1USA
Date:Sep 17, 2007
Words:115
Previous Article:Event producer brings extra polish to car auction.(Up Front)
Next Article:AEG benefits.(News of the Week)(satte lawmakers lets bond money approved to financially benefit Anschutz Entertainment Group)(Brief article)
Topics:



Related Articles
Recession-plagued Pacific Enterprises cuts dividend 50%.
Econowatch mixed signals raise spectre of a double-dip recession. (Los Angeles County economic indicators)
Investors in new survey say 'I'll take Manhattan'.
Industry scrutinizes eggshell economy.(Brief Article)
International real estate execs say global economy in recession.(Brief Article)(Statistical Data Included)
Managing Your Business Through a Recession
Affordable Kitchen Remodel Pure Functional Style, No Gimmicks

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles