But economists only declare a recession when the economy is contracting as a whole for an extended period of time.

The classical economists referred to the fee paid for the use of money or stock as "interest" but declared this to be a derivative income.

Eastern European economists declare that cooperation at the company level must follow if the political accords are to bear fruit.

It is not uncommon to hear economists declare simply that the American system has failed.

While the banks insisted that they were fundamentally healthy, economists and politicians declared many of them to be insolvent.

Some economists now declare the wage-price linkage broken, or effective only at an unemployment rate below today's 4 percent.

We economists check the patient - the airline industry - almost continuously, and declare him trim and active.

And a popular economist all but declared that he wants to be Prime Minister.

Its report pointed out that shortly after the attacks, economists declared that the nation was officially in a recession.