Just when we had hope that we wouldn't have to hear the term recession for a few years........ hmmm, well it appears that the term is back. Read this article to find out what the experts are talking about. Why do economists believe that we could be heading into another recession? What specifically do they list as possible factors? What is your opinion of this article and its contents? and how might this impact you and your family or town?
This article is due, Friday, August 26th.
31 comments:
U.S home sales and manufacturing have been decreasing for a few months. The risk of this recession is one and three chance. i think this could turn out to be another recession but i feel like it is stop able.
Home sales dropped 3.5% and are the weakest they have been since 1997. Reports show that the economy is creating jobs but not nearly enough to lower the high unemployment rate. If the unemployment rates don't drop, the economy is going to get worse and unemployment will go up again. With more jobs, a recession is preventable.
The number applying for benefits rose 9,000 last week to a seasonally adjusted 408,000. The four-week average, a more reliable gauge of the job market, dropped for a seventh straight week to 402,500, the lowest level since April. More and more people are getting laid off which is why the applications for benefits have gone up. With more jobs and lower prices on everyday things like food, I think that the recession can be prevented.
I see a usefull circle, starting with renewable energy, investing in this will make more development jobs and factory jobs. With these jobs, unemployment will go down, more people with more money, more houses bought, more houses needing renewable energy, more renewable energy development needed...
Thus, the US will climb out of the recession and grow past it.
Economists see the growing risk of a recession due to the extreamly low unemployment rate and lack of investers. People are hurting bad from this and if it continues these people hurting could be the people very close to us. But I believe this can be stopped with more entrepreneurs taking risks and the creation of new jobs.
It would be the first decline since July 2009 — a worrisome sign because manufacturing has been a key source of U.S. growth in the two years since economists say the Great Recession ended. -This means that the economy is getting bad. It's the first decline since 2009 which means things have gotten pretty bad. Manufacturing is one of the United States biggest strong points so if things get any worse for manufacturing their going to get bad for all u.s citizens.
Consumer prices rose 0.5 percent in July, mostly due to more expensive gas and food. If the prices of commonly used goods continue to increase it is sure to lead to a recession. However, I believe that it can be prevented if a way was found to lower the prices of goods and to increase the availability of jobs.
It would be the first decline since July 2009 — a worrisome sign because manufacturing has been a key source of U.S. growth in the two years since economists say the Great Recession ended.--
I agree that this is a bad sign. However, I believe that this is very preventable. If unemployment rates stay as high as they are, the recession will only get more likely. However, if unemployment rates go down, the recession will be much less likely.
"The rising anxiety ignited a huge sell-off in stocks that led many investors to seek the safety of U.S. Treasurys."
This line really stuck out to me, mainly because it surprised me that the Treasury does not have enough money to back all stocks they give out.
Although European economic growth has slowed, more people are applying for government benefits, and uneasy investors are causing the stock markets to wildly fluctuate, I'm optimistic, but a 1/3 chance of a recession is definitely something to keep an eye on.
With home sales dropping 3.5% and being the lowest since 1997, as well as manufacturing possibly declining for the first time since 2009, one can see that there is a risk of another recession. With a one in three chance of there being another recession, I think that the possibility of another recession happening cannot be ignored, although I believe that a recession is preventable.
"The risk of a recession is now about one in three," according to Morgan Stanley and Bank of America Merrill Lynch.
I don't think it is likely that we will slip into another recession. Our country is still recovering from the last one, and the only place we can go from here is up. Things don't seem as bad as they were before we went into the last recession.
Consumer prices rose 0.5 percent in July, mostly due to more expensive gas and food. If the prices of commonly used goods continue to increase it will surely lead to a recession. I believe that it can be prevented if a way was found to lower the prices of goods and to increase the availability of jobs.If this ever occors it might help most of citizens in the United States get out of poverty.
there is several signs that the United states is going into another recession, such as U.S home sales dropping and manufacturing sales. home sales are the weakest they have been since 1997. i'm not sure if i think we are going back into a another recession. i think another issue the United states is having is the low employment rate. more and more citizens are loosing their jobs. Prices have gone up on every capital product. if there were more jobs a recession could possibly be stopped.
there is several signs that the United states is going into another recession, such as U.S home sales dropping and manufacturing sales. home sales are the weakest they have been since 1997. i'm not sure if i think we are going back into a another recession. i think another issue the United states is having is the low employment rate. more and more citizens are loosing their jobs. Prices have gone up on every capital product. if there were more jobs a recession could possibly be stopped.
In the Us home sales are now starting to decrease and now is posing a threat to start another recession. This is the weakest sales have been since the 1997. Unemployment is bad enough, the economy is trying to create more job , but there is just not enough out there yet .
it said that sales are lagging behind last years pace. and it the weakest since 1997. that could be leading to a future recession. it also said that other countries are begging recessions, that could also drag the US into one. and i think that the last thing we need.
In the article it says that home sales has fallen for the third time in four months. This year is the weakest year so far in home sales since 1997. I'd like to think that there will not be another recession because America is just now getting over the last one.
Well, this article was interesting to say the least, however, it doesn't leave me in a state of fear. We can't rely solely on what the stock market is doing, seeing that it will always rise and fall, and it is heavily based on foreign markets. If America can keep supplying jobs and avoid inflating the dollar, then we can avoid a financial breakdown.
Even though the U.S. job market has increased slightly, its not enough to stop another recession. Other economies around the world are facing the same recession, their economy has risen slightly, but unless their governments stop their spending it will not be enough.
About 3.7% of high-school seniors are interested in becoming business owners or entrepreneurs, based on a survey of 1.9 million students by the National Research Center.
I see this as very useful, investing in this will make more development jobs and factory jobs.there is several signs that the United states is going into another recession, such as U.S home sales dropping. risk of this recession is one and three chance...However, if unemployment rates go down, the recession will be much less likely.
I don't think it is likely that we will slip into another recession. Our country is still recovering from the last one, and the only place we can go from here is up. Things don't seem as bad as they were before we went into the last recession.
i think it's likely that our country will fall into another recession because the economy isn't as good as it should be so it could get worse
An awful circle has developed where one area declines causing another area to decline and on until the first thing drops yet again. Recession has a 33% chance to happen. I think, if someone determined the most responsive part of the aforementioned loop, by feeding it, we could hold of this recession for a while.
home sales have dropped so much lately and nothing is selling like it used to. i personally couldn't go through another recession because it was really hard for me and my family to get thru the first one.
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