Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- adjective economics Occurring before a
recession
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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"New orders have been on a rising trend since March 2009, although they remain below their prerecession peak," Insight Economics analyst Steven Wood said.
Factory-Goods Orders Show Decline Jeff Bater 2011
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Iscar bought a business similar to Kennametal in 2008, spending $1 billion on a company named Tungaloy Corp. Kennametal still is trading below its prerecession highs, but its multiple remains nearly 10 times Ebitda, typically higher than the usual Buffett multiple range, in the mid to high single digits.
Going on Safari With Warren Buffett Dennis K. Berman 2011
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Another factor, experts say, is that it has become clear that the economy—and thus, tax collections—aren't snapping back to prerecession levels.
Higher Taxes Yield to Budget Cuts in States Leslie Eaton 2011
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On average, the economists expect inflation-adjusted incomes to rise over the next decade, but the 5% projected gain isn't enough to reach prerecession levels.
Bleak News for Americans' Income Phil Izzo 2011
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That valuation shows that the New York market still has a ways to go before it reaches the lofty valuations of the prerecession years.
Building Seeks New Gloss Dana Rubinstein 2011
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Still, the amount of available new credit is just half of its prerecession level, according to the latest figures from Equifax.
Banks Loosen Purse Strings Ruth Simon 2011
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Tesoro in November reported that its third-quarter profit soared, reaching prerecession levels, amid increased production, higher revenue and stronger refining margins.
Tesoro Projects Fourth-Quarter Loss Tess Stynes 2012
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Indeed, in real terms, gross domestic product hasn't even returned to its prerecession peak.
More Liquidity Only Douses Growth Sparks Kelly Evans 2011
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U.S. output may be returning to prerecession levels, but the total number of nonfarm workers still is more than seven million shy of its December 2007 peak, and in fact is back at 1999 levels.
The Fed's Magic Show Appears to Be Over Kelly Evans 2011
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"You're seeing a recovery in online growth rates, be it retail or advertising, that are getting back to prerecession levels," says Citigroup Internet analyst Mark Mahaney .
Yahoo Hopes to Share Google's Good News Amir Efrati 2011
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