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Saturday, February 28, 2009

Of Recessions and Recoveries

Of Recessions and Recoveries
V-Shaped. L-Shaped. Shallow but long. Deep but short.
Economists use phrases like these to characterize recessions. Use this graphic to compare the current recession -- and the eventual recovery -- to other downturns and to put the current crisis in perspective. Data will be updated regularly over the next two years. (Interactive Grapic on WSJ online)

http://online.wsj.com/article/SB123574078772194361.html#articleTabs%3Dinteractive

Economy in Worst Fall Since '82
Output Sank 6.2% Last Quarter; Plunging Trade, Investment Signal Trouble Ahead

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