Join Our Community

Take advantage of our member benefits when you sign up | log-in
NewsOK member benefits
Web Search powered by YAHOO!

Published: April 29, 2009
Economy shrinks at 6.1 percent pace in 1Q
JEANNINE AVERSA AP Economics Writer
WASHINGTON — The economy shrank at a worse-than-expected 6.1 percent pace at the start of this year as sharp cutbacks by businesses and the biggest drop in U.S. exports in 40 years overwhelmed a rebound in consumer spending.

The Commerce Department 's report, released Wednesday, dashed hopes that the recession's grip on the country loosened in the first quarter. Economists surveyed by Thomson Reuters expected ...

You have selected to view an article that is older than 60 days. Get access to all our historical content by purchasing a pass to The Oklahoman. Select the option that works best for you.

Archive Subscription types & rates
One-year subscription $248.00 One-month subscription $33.00
  Six-month subscription $140.00   One-day pass $8.95
  Three-month subscription $78.00   This article $1.49

               


You may also select articles from the results below.

Go to the global NewsOK search


By Person

By Business

By Location

By Author

By Topic

Your subscription would also include these articles & complete access to historical articles back to 1981
Recession worst since Depression, Fund says
BY THE ASSOCIATED PRESS

...thrust into hunger and homelessness and crime on the rise. And the pain won’t stop this year...said was "by far the deepest global recession since the Great Depression.” To cushion the blow and head off further damage next year...

 Article | Apr 23, 2009
Economy is defining a decline
BY THE ASSOCIATED PRESS

WASHINGTON — A Depression doesn’t have...lowercase "d.” And it may be happening...trouble is, unlike recessions, which are easy...University of Maryland. Recession definitions No...qualifies as a recession. Recessions have two handy...economic output and unemployment above...

 Article | Mar 3, 2009
Recession over?: Even if it is, recovery could be soft, economists say
DON MECOY

...longest since the Great Depression, likely will end...Center for Economic and Management Research...ve come to know and love,” he said...celebrations, parades and cheering.” Encouraging...bounces back before a recession concludes, has rallied...recovery. "In past recessions, Oklahoma on average...

 Article | Jul 5, 2009
Markets hope to avoid repeat of ’29
BY THE ASSOCIATED PRESS

...helped trigger the Great Depression largely because the...steps that the Treasury and Federal Reserve are now...signs before the crash and faltering investor...protect American industry and hiked income taxes in...supply and turning "a recession into a depression...

 Article | Oct 28, 2008
Sometimes grace enters through unexpected door
BY MICHAEL GERSON

...During the Great Depression, with about a quarter...families broke down. Recessions and depressions are brutal beasts that...especially retirees and the poor. There is...suffering during a recession to ever welcome it...struggled through the Depression adopted a set of moral...

 Article | Feb 21, 2009
From Depression to Recession, Banks Give Good Accounting of Themselves
GLEN BAYLESS

...The fund went broke and the law expired during the depression after World War I. Customers...insured for $3,000, and through the years the...early days of the Great Depression that preceded the Bank Holiday and the beginning of FDIC...

 Article | Nov 14, 1982
Q&A with Greg Heiple

...SHOULDN’T PANIC ABOUT RECESSION Q: With the Dow recently...time in five years and each day bringing new...adviser, turn off CNBC and Fox, and spend more time with...Recovery times for recessions and depressions range from two months...

 Article | Dec 3, 2008
Easy credit won’t fix economy, but WPA-style projects might
BY MALCOLM BERKO

...Many feel their jobs are insecure and if they take on more debt they will...that’s midway between a recession and depression. He is uncomfortable spending...available funds for nonessential goods and services. Banks are reluctant to extend...

 Article | Dec 28, 2008
Letters to the Editor: Friday, June 27, 2008

...open public lands to drilling and let new refineries be built, but...price of gasoline. Hedge funds and commodities speculators are the...the country's 16 major panics, recessions and depressions have been caused by speculators...

 Article | Jun 27, 2008
Japanese Read Harder, Too
ARGUS HAMILTON

...how's everybody? Up and at 'em, everybody...promised to do to the recession exactly what he did...nearly finish it off and then let it live? Fortune...States has experienced 23 recessions and one depression since 1892. Only one...

 Article | Feb 6, 1992

CONTACT US



PHOTOS
Upload your photos to NewsOK and share them with the world.


VIDEO
Upload your videos to NewsOK and share them with the world.


STORIES
Share your story idea with The Oklahoman.