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Fed cut rates out of fear of 'prolonged contraction'
Federal Reserve officials worried about the possibility of a "prolonged contraction" and destabilizing deflation in mid-December, when they voted to cut a key interest rate to a historically low range of zero to a quarter-point.
Wed, 07 Jan 2009 07:12:17 GMT - (Deseret Morning News)

Fed: Contraction to Continue Despite Moves
Despite lowering interest rates to essentially zero, the Fed foresees a prolonged contraction.
Tue, 06 Jan 2009 19:51:37 GMT - (TheStreet.com)

Fed staff sees contraction in 2009, recovery in 2010
Data presented to Federal Reserve policymakers last month indicate an economic contraction for 2009 followed by a "moderate recovery" in 2010, minutes from the Fed meeting showed Tuesday.
Tue, 06 Jan 2009 19:45:10 GMT - (AFP via Yahoo! UK & Ireland Finance)

Services Industries See Slower Contraction In December
(RTTNews) - The nation's services industries, which include such businesses as retail and finance, saw a mild improvement in business conditions in the last month of 2008, industry data showed Friday, though they continued to suffer a contraction as customers cut back spending and credit conditions remained tight.
Tue, 06 Jan 2009 15:53:17 GMT - (Nasdaq)

Fed staff sees contraction in 2009, recovery in 2010
Data presented to Federal Reserve policymakers last month indicate an economic contraction for the full year of 2009 followed by a "moderate recovery" in 2010, minutes from the Fed meeting showed Tuesday.
Tue, 06 Jan 2009 19:25:39 GMT - (TODAYonline)

Latest reading show contraction continues
Associated Press - January 6, 2009 11:43 AM ET WASHINGTON (AP) - Three fresh readings on the economy released today show contraction continuing.
Tue, 06 Jan 2009 16:54:40 GMT - (KIFI Idaho Falls)

Latest reading show contraction continues
WASHINGTON (AP) - Three fresh readings on the economy released today show contraction continuing. The National Association of Realtors says pending home sales were down 4% in November. The reading the lowest since the trade group began tracking it in 2001.
Tue, 06 Jan 2009 16:57:11 GMT - (KJCT 8 Grand Junction)

Fed staff sees contraction in 2009, recovery in 2010
The US recession is likely to drag on well into 2009 with a "moderate recovery" in 2010, according to minutes released Tuesday by the Federal Reserve from last month's deliberations ahead of a historic cut in interest rates.
Tue, 06 Jan 2009 20:16:40 GMT - (AFP via Yahoo! News)

Fed Expects Weak Economy, Fears 'Prolonged Retraction'
The economy is set to remain weak well into this year, and could even be at risk of entering a "prolonged contraction," leaders of the Federal Reserve concluded last month, as they agreed to take aggressive new steps to contain the recession.
Wed, 07 Jan 2009 15:40:36 GMT - (Washington Post)

Services index shows less contraction in December
An index of activity in the U.S. services sector contracted at a slower pace in December as new orders and employment improved.
Tue, 06 Jan 2009 15:38:31 GMT - (AP via Yahoo! News)

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lAGI lAGI janjI: 2009 > 2008 (2)
JANUARY 7, 2009Fed Outlook Darkens on Economy December Minutes Reveal Concerns of Deep Recession; Alcoa to Cut 15, ... Fed staff sharply reduced their economic forecasts for 2009. They now expect a deep contraction
Posted on 2009-01-08 01:55:00 GMT

blog: ekonomi tak seriusQuasars/BUSTED: Malicious Lying By Taxeating Science Worker.
DIGRESSION TO DEAL WITH THIS MALICIOUS ATTEMPT TO DECEIVE THE LAITY ABOUT QUASARS.Lets see what wiki says about Quasars to see if they will give themselves away.'œA quasar (contraction of QUASi-stellAR radio source) is an extremely powerful and distant active galactic nucleus
Posted on 2009-01-08 01:39:00 GMT

blog: A Better World: Graeme Bird For High Office2009 Outlook Part I '“ The Depression's Long Shadow
    I've been having writer's block for the past three weeks as I've been trying to sit down and write my 2009 economic outlook ... school posited that the central bank should step in to prevent a contraction in credit, and by extension
Posted on 2009-01-08 01:38:31 GMT

blog: the Dynamist2009 Outlook Part I '“ The Depression's Long Shadow
    I've been having writer's block for the past three weeks as I've been trying to sit down and write my 2009 economic outlook ... school posited that the central bank should step in to prevent a contraction in credit, and by extension
Posted on 2009-01-08 01:34:22 GMT

blog: the DynamistMassive Jobs Contraction In Small and Medium Sized Businesses
2008 is poised to become of the worst years ever for jobs. So far it is 11 out of 11 months for job losses. December will make it a perfect 12 of 12 ... as noted in Downward Spiral In Jobs.In November of 2008 the ADP Report Shows Contraction in Services
Posted on 2009-01-08 00:48:00 GMT

blog: Mish's Global Economic Trend AnalysisA Bubble in Bearishness
Nouriel Roubini: Last year's worst-case scenarios came true. The global financial pandemic that I and others had warned about is now upon us ... will shock any equity analysts who are still deluding themselves that the economic contraction ... in decades. The formerly mainstream notion that the U.S. contraction would be short and shallow'”a V-shaped
Posted on 2009-01-08 00:26:43 GMT

blog: Nathanael SmithMemo to the President-elect on Energy Realism and the Green New Deal
Memo to the President-elect on Energy Realism and the Green New DealExecutive SummaryOur continued national dependence on fossil fuels is creating a crippling vulnerability to both long-term fuel scarcity and catastrophic climate change.The current economic crisis requires substantial national policy shifts and enormous new government injections
Posted on 2009-01-08 00:22:00 GMT

blog: Don't believe the lies, critically analyze!Alhamdulillah..semua nya OK
Update pasal geng2 aku yang bersalin semalam..Seperti yang di plan..Koyong mmg kene csect due to few probs ..alhamdulillah the baby selamat keluar kol 10.10am..Ja lak..induce start kol 7.30am..and contraction begin..kol 4pm++ dah bukak 10cm but the baby still high..dah cuba vacum gak but baby takmo kuar
Posted on 2009-01-08 00:12:00 GMT

blog: It's All About Me & YouWhile our market is primarily focused in downtown Chicago, we find the New York Manhattan market offers an interesting parallel...
Like Manhattan, if we focus on our specific Gold coast market of luxury buildings, the data is surprisingly similar ... change in the Manhattan and US housing market. The contraction of credit continues to play
Posted on 2009-01-07 23:39:00 GMT

blog: The Gold Standard: A Real Estate Blog for Chicago's Gold CoastFed Minutes, Bank Rates, CONCERN
The Fed minutes for the meeting of the Federal Open Market Committee of the Federal Reserve System on December 15, 2008 and continued on to December 16, 2008 could be summed up as the Fed being concerned.  There was almost no part of the Feds review of the current state of affairs that was not depressing
Posted on 2009-01-07 22:54:47 GMT

blog: SelectCDRates.com - The Leading Industry Tool to Help You Select Your Rate