Posts Tagged ‘recovery’

  • CEPR not sure if recession phase of business cycle has ended in euro area

    The Reason That Recession Dates Matter

    Jun 20, 14 • 669 Views • No Comments

    Asked to define a recession, you can give the mechanical answer. It is 2 or more adjacent quarters of a real GDP decline. So, if Q1 GDP grows by 3%, Q2 by 2% and then Q3 by 1%, is that a recession? (I always use that as a tricky quiz question.) No, it is not...  [read more]

  • Obama/Biden and Romney/Ryan Issues

    Election Economics: Comparing Economic Recoveries

    Oct 29, 12 • 374 Views • No Comments

    Illustrated by this graph from the Minneapolis Federal Reserve, sometimes one orange line can create a huge debate. The thick orange line representing the US recovery from the December 2007-June 2009 recession reflects a tepid ascent next to curves that...  [read more]

  • It’s All About Henry

    Jul 7, 12 • 285 Views • No Comments

    Are you a DINK, a YUPPIE, or a HENRY? Double Income, No Kids Young  Upwardly Mobile Urban Professionals High Earners, Not Rich Yet.   Our economic recovery might depend on Henry. Earning from $100,000-$250,000, the Henrys are in the top 20% income...  [read more]

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    How Are We Doing?

    May 2, 10 • 304 Views • No Comments

    Hearing that U.S. real GDP growth for the first quarter was 3.2%, I wondered how well we were doing. We can look at past recessions to assess 3.2%. Looking back to the early 1980s, some economists say they were hoping for better. Like a “V”, when...  [read more]