Word: fourthly
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Dates: during 2000-2009
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...government reported that fourth quarter GDP contracted at an annual rate of 3.8%. That does not approach the 7.8% in the second quarter of 1980 or the 10.4% post-war record set in the first quarter of 1958. The consensus estimate among analysts was for a 5.4% drop...
...fourth quarter number was helped somewhat by a build-up in inventories. Real final sales for domestic product, which excludes inventories, decreased 5.1% in the fourth quarter. This is the biggest drop since 1980. (See pictures of the 1958 recession...
...Jobs and consumer confidence are Siamese twins. Retail sales in the last two months of 2008 have already confirmed that. Consumer consumption likely raced downward after the holiday. Store closings and retail industry lay-offs are signs that the shoppers who did not show up in the fourth quarter are staying away...
...million in the third quarter of 2008, compared with earnings of $117 million in the same period in 2007. Still, the company insists that its liquidity remains intact. "We ended the third quarter with $395 million in cash and cash equivalents," says Office Depot spokesman Brian Levine. "While the fourth quarter is not yet closed, we believe that we did not burn cash. It is our intent that we will maintain our liquidity throughout 2009, even under our most conservative projections of the economic environment...
...have interrogated more than 100 of the document's original signatories; Liu Xiaobo, a dissident scholar who was one of the drafters, was arrested by Beijing police on Dec. 8 and remains in custody. In an article published in an official journal on Jan. 18, Jia Qinglin, China's fourth-highest official, warned that the country should avoid multiparty systems, separation of political powers and other "erroneous ideological interferences." And in December President Hu Jintao warned the country to "not waver" in implementing economic reform, a remark that was interpreted as meaning "avoid political debate...