Monday, April 12, 2010

the great recession in perspective

This article has a cool interactive (flash) graph comparing the recent so-called Great Recession with earlier recessions. While it is not official yet, the Great Recession appears to be over, probably since last summer, and we are now in a recovery. [Note that when the economy is in a recovery just means that things have stopped getting worse -- not that things are necessarily that much better.]

You can click and compare additional past recessions at the bottom of the graph. You might want to also click the Depth of Recessions tab to see how this was the worst since before WWII.

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