Related topics: recession

Reduced fuel use by US drivers a persistent trend

(Phys.org) —Despite U.S. population growth, fuel consumption by American drivers of light-duty vehicles is now lower than it was 15 years ago, says a University of Michigan researcher.

Can social media detect the changes in public mood?

New research has analysed the mood of Twitter users in the UK and detected various changes in the mood of the public. In particular, the researchers observed a significant increase in negative mood, anger and fear, coinciding ...

Cars go green and online as Tokyo Motor Show opens

Electric cars with cutting-edge green technology and vehicles remote-controlled by smartphones caught the eye Wednesday at the first Tokyo Motor Show held since Japan's devastating earthquake.

US cable TV bleeds subscribers as online grows

The economic downturn has US cable television companies shedding subscribers in record numbers and Americans increasingly "cutting the cord" in favor of cheaper online options, new research shows.

Nokia vows to defend smartphone territory, introduces N8

Finland's Nokia on Monday vowed to defend its number one position in the lucrative "smartphone" business, where it is under fierce pressure from Apple's iPhone and Research in Motion's Blackberry. The Finnish giant's latest ...

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Recession

In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.

Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

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