Sixty percent made no portfolio moves at all in
downturns.
This recession is likely to be comparable in length and depth with the previous three major post-war UK
downturns.
While some doomsday reports have coined the
downturn a pseudo Great Depression, Peter Linneman, chief economist at the international real estate network NAI Global, prefers to call today's environment the "Great Capital Strike.
The period was excluded, however, in order to keep the time periods consistent with the
downturns in starts and new home sales.
A business that seeks to grow has to realize that access to credit could change significantly during any
downturn.
High tax ratios allow for greater automatic stabilisation, but tax cuts implemented during upturns may reduce the scope for counter-cyclical easing in subsequent
downturns.
In addition, the AMT is counterproductive: It exacts its heaviest toll during recessions and thus aggravates, rather than ameliorates, the harsh effects of a business
downturn.
A combination of relatively low unemployment during the
downturn and historically low labor force growth projected for the coming year means that we may quickly see a return to full employment," says Sylvester Schieber, Ph.
If they fall again, then the recession in the United States will be deep and significant, while the UK, now widely expected to avoid recession in the current world
downturn, will not escape either.
Increased benefit payments combined with lower tax receipts during
downturns can increase the deficit, but typically give the economy enough of a boost to help spur a recovery or at least limit any rise in unemployment.
The valuation business came under considerable criticism through this
downturn.
upfront, a potential economic
downturn and the threat of disintermediation.
