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	<title>MontNews.com &#187; recession</title>
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		<title>The Ever Shrinking Economy</title>
		<link>http://montnews.com/wordpress/2009/02/27/the-ever-shrinking-economy/</link>
		<comments>http://montnews.com/wordpress/2009/02/27/the-ever-shrinking-economy/#comments</comments>
		<pubDate>Fri, 27 Feb 2009 18:12:48 +0000</pubDate>
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				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[credit crisis]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[recession]]></category>

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		<description><![CDATA[











Washington, DC &#8212; The Commerce Department released its report on the 4th Quarter GDP.  Though it was expected to be bad, it came in even worse &#8212; down 6.2 percent on an annual rate.
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		<title>Hitachi Reverses Financial Outlook / Cuts Jobs</title>
		<link>http://montnews.com/wordpress/2009/02/03/hitachi-reverses-financial-outlook-cuts-jobs/</link>
		<comments>http://montnews.com/wordpress/2009/02/03/hitachi-reverses-financial-outlook-cuts-jobs/#comments</comments>
		<pubDate>Tue, 03 Feb 2009 14:45:34 +0000</pubDate>
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		<category><![CDATA[business]]></category>
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		<description><![CDATA[Tokyo, Japan &#8212; Hitachi changed their forecast from profitability to a 4.1-billion-dollar quarterly loss.
Hitachi is one of the world&#8217;s largest corporations.  It was founded in 1910 by Namihei Odaira as an electrical repair shop.  They succeeded in manufacturing three 5hp (3.6775 kW) electric motors as the company&#8217;s first products.
Today, they manufacture consumer products:
 [...]]]></description>
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		<title>World Recession / Global Slowdown</title>
		<link>http://montnews.com/wordpress/2009/01/24/world-recession-global-slowdown/</link>
		<comments>http://montnews.com/wordpress/2009/01/24/world-recession-global-slowdown/#comments</comments>
		<pubDate>Sat, 24 Jan 2009 15:23:35 +0000</pubDate>
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				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[recession]]></category>

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		<description><![CDATA[Markets around the world are falling.  This could be the first time that so many countries have slid into recession at the same time.  The United States has been in a recession for the past year.  Great Britain announced that it, too, had fallen into recession.  In Korea, Samsung posted its [...]]]></description>
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