Dr. Donald Holley has been teaching economics since 1973. He’s now a visiting professor at Boise State University’s College of Business and Economics. Holley received his PhD in economics from the University of California, Riverside, his Masters in economics from the University of Oregon and his Bachelors from Brigham Young University.
Some Idaho business owners say the same thing: recession or recovery, it doesn’t really matter what it’s called, business is slow. Last week we talked with Idaho economists about this idea. Boise State University economics professor Don Holley says labeling trends “recession” or “recovery” does make a difference. “If we were still (technically) in a […]
Q: What is a recession? A: When you talk about a business cycle, you have a downturn and an upturn. The downturn is the recession and the upturn is the recovery. Once you hit the bottom and start to come up, you’re in recovery, but you certainly haven’t gotten back to where you were before. […]
We’re on a mission to find out from economists, business owners, workers and everyone in between what the words Recession and Recovery mean in Idaho. Here’s what three economists had to say. “It’s almost like economists who are focusing on this narrow view of what constitutes a recession have almost made themselves irrelevant. Most people […]
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