The economy is in recession. But how bad is it? How does this recession compare to previous recessions?
This page places the current economic downturn into historical (post-WWII) perspective. It compares output and employment changes during the present recession with the same data for the 10 previous recessions that have occurred since 1946.
This page provides a current assessment of “how bad" the recession is relative to past recessions. It will be updated as new data are released. This page does not provide forecasts, and the information should not be interpreted as such.
The following charts provide information about both the length and depth of... full article
Mark Perry, Carpe Diem Hmmm, kind of sad really... Its a lot like closing the stable door AFTER the...
Greg Mankiw, Random Observations Blog HOW WILL IT ALL END? Over the last century, the largest...
As the economy slows and unemployment rises, sharp differences are emerging among workers with...
Although foreclosure rates are rising around the country, much of the growth in foreclosures...