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Economics

Economic indicators: how to look for economic recovery in 2009

An economic indicator is any statistic (e.g. the unemployment rate or GDP) which indicates the past, current or future strength of the economy THERE is talk about town and in the media of an economic upturn in the final quarter of 2009 – “banks are lending, consumers are buying, and companies are hiring.”  While it […]

Categories
Economics

Economic recession 2008: measuring the strength of the economy

It’s the economy, stupid “IT’S THE economy, stupid” is a well known phrase that was widely used during Bill Clinton‘s 1992 presidential campaign against George Bush senior. The phrase was coined by Clinton campaign strategist James Carville and refers to the notion that Clinton was a better choice because Bush had not adequately addressed the […]