Tuesday, January 24, 2012

Council on Foreign Relations: Charting the U.S. (Un)Recovery in Historical Context

From the Council on Foreign Relations website:

How does the current recovery compare to those of the past? The following charts provide a series of answers, plotting current indicators (in red) against the average of all post–World War II recoveries (in blue). The x-axis shows the number of months since the end of the recession. The dotted lines are composites of prior recoveries representing the weakest and strongest experiences of the past. The recovery's start date is set using the recession dates established by the National Bureau of Economic Research's Business Cycle Dating Committee. By the committee's methodology, the current recovery began in June 2009. Despite some bright news recently, the pictures underline the economy's weakness since that date.

http://www.cfr.org/geoeconomics/quarterly-update-economic-recovery-historical-context/p25774

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