There is no question that the hotel industry is booming, after suffering through a devastating recession in the early 1990's.

But there was certainly no immediate relief, and the American economy was soon in the midst of a full-blown and devastating recession.

And I'm not willing to let our economy slip backwards just as we're pulling ourselves out of this devastating recession.

The project had been a triumph for Douglas Durst, who became the first developer to build an new office tower since a devastating recession in 1992.

Millions of Americans - many millions - are suffering from a prolonged and devastating economic recession.

Historically, Houston has had several growth spurts (and some devastating economic recessions) related to the oil industry.

After a devastating recession following the cold war, when the Pentagon reduced its weapons orders, Palmdale has remade itself.

And will it throw the U.S. into a devastating recession?

Britain is in a devastating recession.

Michigan businesses learned bitter lessons from the devastating recession of 1982, when the unemployment rate in Oakland County reached double digits.