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Unique Recovery ?
Posted By Barry Ritholtz On August 18, 2003 @ 11:08 am In Economy,Employment | Comments Disabled
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
Article printed from The Big Picture: http://www.ritholtz.com/blog
URL to article: http://www.ritholtz.com/blog/2003/08/unique-recovery/
URLs in this post:
 Cleveland Fed’s: http://www.clevelandfed.org
 here: http://www.clevelandfed.org/research/ET2003/0803/trends.pdf
 The Capital Spectator : http://caps.blogspot.com/
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