prerecession

prerecession

(ˌpriːrɪˈsɛʃən)
adj
(Economics) of the period before a recession
References in periodicals archive ?
By 2016, the household labor earnings of the median American were still below their prerecession high of nine years earlier, despite the fact that the recession had officially ended in 2009.
The decline in price growth, if it materializes in 2017, will be a welcome relief for home buyers, as average home values toppled from a prerecession peak in September, according to the (https://us.
Research by Cambrian Park and Leisure Homes has shown consumer confidence for buying major big-ticket purchases such as second homes and lodges has also continued to grow, with current confidence on a par with prerecession levels.
Rural employment, though still below its prerecession levels, grew by 1 percent in the year ending in mid-2015.
9% above its prerecession peak, compared to initial estimates of 5.
While retail value sales have not yet recovered to return to the 3-5% year-on-year growth that was prevalent in the prerecession period, home furnishings has benefited from growing consumer confidence, lower unemployment and increased access to.
Asset quality continued to improve at the nation's 2,036 farm banks as nonperforming loans declined to prerecession levels.
The IBISWorld report forecast a modest slowdown for the channel as some consumers return to prerecession shopping habits and competing retail channels.
The services sector represents more than three-quarters of economic output and has led the UK to surpass its prerecession size while other parts of the economy still lag behind where they were in 2008.
Amid the commotion sparked by the General Election, earlier this month the Scottish Chambers of Commerce's quarterly survey found that the economy has returned to prerecession levels.
Its quarterly economic survey showed manufacturing exports held static in the first quarter of the year at a balance of plus 23%, the same as average prerecession levels in 2007.
THE number of people in work in the West Midlands has reached a new high - and the employment rate is creeping closer to prerecession peaks.