The House Republicans 'Pledge to America promises to roll back government spending to prerecession levels "with common-sense exceptions for seniors, veterans and our troops" to save $100 billion in the first year. ❋ David Wessel (2010)
Paul Dales of Capital Economics says it typically takes about three quarters after a recession ends for GDP to return to prerecession levels. ❋ Kelly Evans (2011)
Another factor, experts say, is that it has become clear that the economy—and thus, tax collections—aren't snapping back to prerecession levels. ❋ Leslie Eaton (2011)
Returning small-business owners to prerecession credit levels demands an increase in home prices or a weaning of small-business owners from home-equity financing. ❋ Scott Shane (2011)
"It would be inappropriate to expect the unemployment-to-population ratio to return to its prerecession levels." ❋ Justin Lahart (2011)
"New orders have been on a rising trend since March 2009, although they remain below their prerecession peak," Insight Economics analyst Steven Wood said. ❋ Jeff Bater (2011)
The 2.3% rate of wage growth is significantly below prerecession days — when it stood at between 3.5% and 4% — and economists agree that there is little prospect of its picking up in the near future. ❋ Ainsley Thomson (2011)
Tesoro in November reported that its third-quarter profit soared, reaching prerecession levels, amid increased production, higher revenue and stronger refining margins. ❋ Tess Stynes (2012)
Despite the economy, the number of franchising establishments and jobs is forecast to return to prerecession levels this year. ❋ Unknown (2012)
That valuation shows that the New York market still has a ways to go before it reaches the lofty valuations of the prerecession years. ❋ Dana Rubinstein (2011)
Still, both salaries and bonuses are down from prerecession levels. ❋ Diana Middleton (2011)
But while demographics and other factors suggest that the share of the population working won't rebound to prerecession levels—and that the jobs hole implied by the employment-to-population ratio is overstated— that still isn't great news. ❋ Justin Lahart (2011)
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. ❋ Phil Izzo (2011)
"We aren't at prerecession numbers, but there's more potential for signing bonuses." ❋ Diana Middleton (2011)
Still, the amount of available new credit is just half of its prerecession level, according to the latest figures from Equifax. ❋ Ruth Simon (2011)
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. ❋ Dennis K. Berman (2011)
Indeed, in real terms, gross domestic product hasn't even returned to its prerecession peak. ❋ Kelly Evans (2011)
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. ❋ Kelly Evans (2011)
"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 . ❋ Amir Efrati (2011)
The dealership sold about 250 new Lexuses a month at its prerecession peak in 2007 before plummeting to 150 a month in the downturn, Mr. Harrington said. ❋ Shayndi Raice (2011)
