Word: year
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Dates: during 2000-2009
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...Think of a bug hitting a windshield going 60 miles an hour - that was what January was like," says Brennan. "We had been going gangbusters - we had our best year ever [in 2008] and all of a sudden everybody stopped buying...
...which provides software and consulting services to private business. "That's almost a 6% decline in the sales growth rate," says Andrew White, the firm's chief financial officer. Large publicly traded companies fared better, with sales slipping only 1.8% on average in the first 10 months of the year, he says...
...Brennan isn't convinced a tax credit for new hires will work. "I don't have any work for someone, so giving me a $5,000 tax credit to hire someone and pay them $40,000 a year with health benefits and vacation, that's $60-grand. Do the math," he says. Brennan would prefer the government offer a tax credit or tax cut for every dollar that small businesses spend on health care for their employees. (Read "How to Know When the Economy Is Turning...
...chief economist with the NFIB, says it's all about consumer spending, not credit. "The biggest problem is there's no sales - that's the real killer here," he says. Only 4% of those surveyed [by the NFIB] named credit as the problem. "Capital-spending plans are at 35-year lows and inventory-investment plans are at 35-year lows. They're just not borrowing - they're not asking for it," he says...
Cancer doctors are also worried that insurance companies will use the panel's new recommendations as an excuse to stop paying for mammography in younger women. Since 2002, when most professional organizations urged annual mammograms for women between 40 and 49 years old, the breast-cancer mortality rate in that group has steadily dropped, by about 3% a year, owing in large part to enhanced screening; doctors were able to pick up and treat cases of disease earlier...