US consumer confidence in surprising fall from six-year high | Business | theguardian.com
Disrupting the Borg is expensive and time consuming!
Google Search
-
Recent Posts
- “Fascist Salute”
- Record Warmth Of January 1906
- Heat Trapping Difficulties
- Visitech – Data Made Simple – Antarctic Sea Ice
- Visitech – Data Made Simple
- California Governor Refused Firefighting Help
- Internet For Drowned Island
- A Toast To President Trump
- 97% Of Government Experts Agree
- Green Energy Progress
- Scientists Concerned
- New Data Tampering By NOAA
- Magical Thermometers
- Responsive Government In California
- Collapse Of The Antarctic Sea Ice Scam
- NPR : Cold And Snow Caused By Global Warming
- Snow Forecast In All 53 States
- 97% Consensus
- “Melting ice reveals millennia-old forest buried in the Rocky mountains”
- America Burning
- Mediterranean Britain
- Californians Celebrate Annual Wildfire Tradition
- June 17, 1917 In California
- New York Times : California Fires Caused By Global Cooling
- Low Cost Renewable Energy
Recent Comments
- Greg in NZ on Record Warmth Of January 1906
- Disillusioned on “Fascist Salute”
- Francis Barnett on “Fascist Salute”
- Yonason on “Fascist Salute”
- Yonason on “Fascist Salute”
- Yonason on “Fascist Salute”
- Yonason on “Fascist Salute”
- Bob G on “Fascist Salute”
- arn on “Fascist Salute”
- Terry Shipman on “Fascist Salute”
Economists caught by surprise? Has that ever happened before?
only when it wasn’t unprecedented
That trillion dollar stimulus (that no one ever saw) really got the economy humming.
Obamba
http://www.workbook.com/wp/wp-content/uploads/2013/02/jasonseiler1.jpg
You can compare this “recovery” to prior recoveries at the Minneapolis Fed’s website. Default is showing the recovery but there’s also a comparison of full recessions available. Has both employment and economic output and you can check off which recessions to view.
http://www.minneapolisfed.org/publications_papers/studies/recession_perspective/
Even going back to the full history of the US, recessions were typically short. They used to be sharper declines, but would return very sharply as well which is why older people think of riding out the recession. Because that’s what used to happen.