We have operated in recessionary conditions in Scotland for some time so can cope with this.

"Others, such as industrial components, and residential and commercial buildings, are impacted by the recessionary conditions in their markets."

Two forecasters of advertising spending are predicting more normal but not recessionary conditions in 2001.

A major, unforeseen downturn in traffic as a result of the recessionary economic conditions in the UK and a looming war to liberate Kuwait from Iraqi occupation.

The recession renewed interest in Keynesian economic ideas on how to combat recessionary conditions.

Operating profits were strongly ahead at £71.6 million, despite recessionary conditions in a number of our major markets.

"With this most recently reported data," she said, "initial unemployment claims have continued to approach the 400,000 level - to some, a mark of recessionary conditions in the labor market."

"And that is explained entirely by recessionary conditions in 40 percent of the world economy."

As we noted in Fig. 15.2 and Table 15.2, the ratio has risen since then under the influence of recessionary conditions.

However, the return of recessionary conditions in the early 1990s has pushed the ratio up some 4% above the 'low' of 39% reached in 1988/89.