It blamed "continuing recessionary pressures" for the drop.

'Trading conditions have been and will remain tough for the immediate future until global recessionary pressures abate.'

"This is good news because traders have been concerned about recessionary pressures," Mr. Hare said.

Both the well-off and the poor feel trapped, in part by the same recessionary pressures that are pushing Bridgeport's strained finances to the limit.

With this scenario in mind, the major policy priorities must remain on countering the recessionary pressures in the economy.

Surprisingly, nablab sales in the off-trade, which is traditionally less affected by recessionary pressure, were down by a third.

That might worsen recessionary pressures at home and, at the same time, weaken the dollar.

In all the company's sales declined 2.2% in 2008, primarily due to recessionary pressures on its prime clientele base of the sub-urban professional.

Rates came down in late 1990 as the Federal Reserve tried to contain recessionary pressures, but long-term rates nonetheless were up for the year.

These should be useful for dealing with recessionary pressures in the US.