The Cleveland Fed’s release of August Economic Trends has a series of rather telling charts:

Pink line reflects the average of the previous six recoveries; BLack line is the present data.

They’re the reason why some economists and strategists are less sanguine about the present stimulus driven recovery.

The full report, titled "Economic Trends – August 2003: The more things change …. " is available here.

Thanks to The Capital Spectator for the pointer

Category: Economy, Employment

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

Comments are closed.