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Hello friends,
i thought i share this very
interesting chart with you :
Conclusions i draw from it
:
1) USA recession is over , but dubbel
dip recession is still " a possibility".
2) Someone who knew this beforehand
(2000!) would have been
"priviliged"
.
3) watching fundamental
indicators kan be very usefull.
Greetings
Theo Lockefeer.
- NBER
(National Bureau of Economic Research) is the official arbiter of
recessions.
- The
Merriam-Webster Dictionary defines a recession as: "a period of reduced economic
activity."- Some refer to a recession a two consecutive quarters of negative
GDP growth but that is in fact a rule of thumb.
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Chart
of the Day<FONT
face="Helvetica, Arial, sans-serif" size=2>Is the recession
over? Today's chart suggests that the recession is not only
over, but that it ended in December 2001 (give or take a
month). How so? The chart below is a plot of the 12-month
change in the unemployment rate since 1950. Each time the
unemployment rate shot up 1.5% over a 12-month period a
recession was underway, whereas a peak above 1.5% marked the
end of the recession. So while there is always the possibility
of a "double dip" recession, for now, the remarkably resilient
US economy appears to be on the mend. Stay
tuned...<FONT
face="Helvetica, Arial, sans-serif" size=1>Notes:- NBER
(National Bureau of Economic Research) is the official arbiter
of recessions.- The Merriam-Webster Dictionary defines a
recession as: "a period of reduced economic activity."-
Some refer to a recession a two consecutive quarters of
negative GDP growth but that is in fact a rule of
thumb.
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