Here, for your comparative studies analytical viewing pleasure, is the current
recession recovery in context. Across
activity indicators, consumer behavior, labor market developments, and housing & construction, there is a little here for everyone. From vehicle sales to disposable income and from durable goods to industrial production, it seems grading this economy's performance is a matter of 'see no evil, hear no evil, speak no evil'.
Extra Credit:
- Can you spot the government-sponsored segment of the economy?
- Compare and Contrast Unemployment Rate and Initial Claims with average hours worked and ISM employment.
- Grade the housing recovery.
Each chart compares the current business cycle with four prior ones: the mild recession/recovery episodes of 1991 and 2001 and the deep V-shaped cycles of 1973 and 1981.
As always, we suspect, we see what we want to see - but here is the chart extravaganza comparing the current to the previous...
Twins,
ReplyDeleteYou should have included the Vehicle Sales graph. Except that would have been too easy and obvious, huh?
Jean
I still maintain that this is not a recession,but rather a depression.
ReplyDeleteThe term recession is only due to the Obama administrations ability to have "fun with numbers".
Now I will venture to say lets look at things in Feb.2013 for a better perspective.
No matter what kids,"Turn that frown upside down an smile" The Fools are going to get what they voted for.
"The Fools are going to get what they voted for."
DeleteAnd they have been since 1980
Max.......Why did you pick 1980 ?
DeleteI disagree Max. Since 1964.
Deletelou.....Thats why I asked ! Least we forget who started the great giveaway.
Delete