237. Economic picture
September 1, 2009 § Leave a comment
Looking at these, there are many, suggest that the economy is bottoming out with a stabilized level of employment and economic activity, but with many more permanently left out, and the core keeping its income up. Of course there are many hints that the picture will get worse (unemploment, foreclosures, commercial real estate bankruptcies), but that we have a new normal with the core protectning itself.
August Economic Summary in Graphs
via Calculated Risk.