381. Calculated Risk

April 12, 2010 § Leave a comment

GDP is the key measure, as the NBER committee notes in their business cycle dating procedure:

via Calculated Risk.

This leaves out unemployment, and restructuring to maintain the incomes of the upper middle while letting go of any intent to deal with the rest. The article

Recession Measure GDP

goes on with some great graphs of all this.

Recession Measure Industrial Production

but

Recession Measure Employment

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You are currently reading 381. Calculated Risk at Reflections on GardenWorld Politics Douglass Carmichael.

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