The 1930s however saw a change in the area's fortunes as it was at the mercy of a severe economic downturn.
Still, that could provide protection to workers in a severe economic downturn.
He is still haunted by memories of the early 1980's, when United laid him off for two years during a severe downturn.
Q. So there are some beneficiaries in this pretty severe downturn?
Certainly Japan does not have the feel of a country in a severe downturn.
Due to the severe economic downturn of 2008 and 2009 the city has had trouble raising the full $35 million needed from private sources.
In 1991, the low point of the last severe economic downturn, that figure was 16.9 percent.
The shock that followed the first oil embargo led to the severe downturn of 1973 to 1975.
At this point, a severe and long-term downturn in the financial fortunes of the club began.
It is, for example, the leading agency company in Australia, a market that has had a severe downturn the last year.