With a return to output growth, the recession defined as two consecutive quarters of economic contraction is officially over.

The contraction applies not only to output and employment, as in a normal recession, but to debt and credit, and the deleveraging that typically takes many years to complete.

First, the eurozone is in deep recession, especially in the periphery, but now also in the core economies, as the latest data show an output contraction in Germany and France.

China s Inscrutable Contraction

The Second Great Contraction

Fiscal contraction is contractionary, period.

The Great Contraction of 2008 2009

This will raise actual output to the level of potential output, thereby closing the output gap.

This contraction has become even more severe since then.

Output

Output

This threatens to aggravate the damaging contraction of global trade.

Output intensity.

Output device

The ensuing losses will aggravate the financial turmoil and economic contraction.

But Keynesianism involved continued fiscal expansion, with no offsetting monetary contraction.

Minimal output intensity.

Maximal output intensity.

After many years of contraction, investment in construction also will rise slightly.

But, in a Great Contraction, problem number one is too much debt.

The period of gravitational contraction lasts about 10 to 15 million years.

Then We draw it in towards Ourselves , a contraction by easy stages .

Forecasters assumed that monetary expansion would provide an effective antidote to fiscal contraction.

Add the following output

Following the German economy s sharp contraction in the last quarter of 2012, the question for the country today is whether it can avoid a technical recession (defined as two consecutive quarters of economic contraction).

tty output for background process

Output version information and exit

Output version information and exit

Output expanded robustly after 1933.

Output collapsed and unemployment soared.

Output fell and unemployment skyrocketed.

Super Output Areas were developed by the Office for National Statistics (ONS) from the Census 2001 Output Areas.

Output powers available are up to 1000 mW, but this usually is the total output including the infrared.

The latest estimates for Italy and Spain project a deeper contraction, prolonged into next year.

And emerging markets will suffer once the US contraction and global slowdown undermines commodity prices.

The maximum rate of economic contraction a veritable freefall came in the last quarter of 2008.

In 2004, for example, Chad s 39.4 annual growth rate contrasted sharply with Zimbabwe s 6.8 economic contraction.

A more accurate, if less reassuring, term for the ongoing crisis is the Second Great Contraction.

In contrast, QE3 will be associated with a fiscal contraction, possibly even a large fiscal cliff.

This contraction of the job market has had a greater impact on youth than on adults.

The theory behind the massive economic stimulus efforts that many governments have undertaken rests on the notion of the output gap. This is the difference between an economy s actual output and its potential output.

If actual output is below potential output, this means that total spending is insufficient to buy what the economy can produce.

Rural development increasing food output and incomes

Clarification of guidelines measuring non market output.

Their total output is approximately 255 megawatts.