Recession of 2009/Addendum: Difference between revisions

Revision as of 03:43, 24 October 2008

Timelines ^[?]

Tutorials ^[?]

Addendum ^[?]

This addendum is a continuation of the article Recession of 2009.

Credit crunch eases [1].

The oil price falls. (October US light $67/barrel, down fron July $147 peak)[2].

UK output falls - by 0.5% between second and third quarters of 2008 [3].

Annual percentage growth in Gross Domestic Product

(forecasts are shown in italics)

Date	Source	Country	2007	2008	2009	2010	2011
02 October 2008	International Monetary Fund [4].	United States	2.0	1.6	0.1
		United Kingdom	3.0	1.0	-0.1
		France	2.2	0.8	0.2
		Japan	2.1	0.7	0.5
		China	12	10	9
		World	5.0	3.9	3.0
08 October 2008	Conference Board [5]	United States	2.0	1.7	0.0
18 October 2008	Item Club [6]	United Kingdom	3.0	1.0	-1.0	1.0	2.9

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 ===Autumn 2008===
-Credit crunch gets worse in the US [http://www.aztreasury.gov/media/WallStreetJournal-10-08.html] and the UK  [http://www.ey.com/Global/assets.nsf/UK/Economic_outlook_Autumn_2008/$file/Economic_Outlook_Autumn_2008.pdf].
+Credit crunch eases [http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4992350.ece].
 The oil price falls. (October US light $67/barrel, down fron July $147 peak)[http://www.msnbc.msn.com/id/12400801/].