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.

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You are currently reading 237. Economic picture at Reflections on GardenWorld Politics Douglass Carmichael.

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