Adhesives Blog


U.S. Economic Recession a Reality

December 2, 2008
/ Print / Reprints /
ShareMore
/ Text Size+

What many Americans have already been saying has now been proven true: The U.S. economy is officially in a recession, according to a CNN Money article.

 

The National Bureau of Economic Research, a private organization of economists who track the beginning and end dates of economic downturns, said yesterday that the U.S. has been in a recession since December 2007.

 

White House Deputy Press Secretary Tony Fratto said in a statement that, although the recession is now official, the greater focus should be on how to fix the economy, including returning the financial and credit markets to normal, and continuing progress in the housing market.

 

Unfortunately, none of the economists can predict exactly when the recession will end. The only solution, it seems, is time.

 

What are your thoughts on the economic recession? Is your company conducting business differently? Let us know by leaving a comment – it’s quick and easy to do.

You must login or register in order to post a comment.

Multimedia

Videos

Image Galleries

In-Depth Features

These articles detail advantages and innovations for multiple end uses.

Podcasts

ExxonMobil Tackifier Expansion

Dwight Tozer, vice president of ExxonMobil’s Adhesion Industry business, discusses the company’s latest tackifier expansion project with Editor-in-Chief Susan Sutton.

More Podcasts

THE MAGAZINE

Adhesives & Sealants Industry Magazine

ASI April 2014 cover

2014 April

Our April issue focuses on pressure-sensitive adhesives, including a preview of PSTC's 2014 Tape Summit, as well as converting/packaging and composites!

Table Of Contents Subscribe

THE ADHESIVES STORE

handbook-sealant-tech.gif
Handbook of Sealant Technology

The Handbook of Sealant Technology provides an in-depth examination of sealants, reviewing their historical developments and fundamentals, adhesion theories and properties, and today’s wide range of applications.

More Products

asi1211p_Cover-DE.gifASI's Buyers' Guide

Annual purchasing resource for equipment used in the manufacture/formulation of adhesives, sealants, pressure sensitives, tapes and labels and for application of finished adhesives. 

Clear Seas Research

With access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

facebook_40px twitter_40  youtube_40pxlinkedin_40