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
- Michael Mann Hurricane Update
- Michael Mann Hurricane Update
- Making Themselves Irrelevant
- Michael Mann Predicts The Demise Of X
- COP29 Preview
- UK Labour To Save The Planet
- A Giant Eyesore
- CO2 To Destroy The World In Ten Years
- Rats Jumping Off The Climate Ship
- UK Labour To Save The Planet
- “False Claims” And Outright Lies”
- Michael Mann Cancelled By CNN
- Spoiled Children
- Great Lakes Storm Of November 11, 1835
- Harris To Win Iowa
- Angry Democrats
- November 9, 1913 Storm
- Science Magazine Explains Trump Supporters
- Obliterating Bill Gates
- Scientific American Editor In Chief Speaks Out
- The End Of Everything
- Harris To Win In A Blowout
- Election Results
- “Glaciers, Icebergs Melt As World Gets Warmer”
- “falsely labeling”
Recent Comments
- William on Michael Mann Hurricane Update
- Francis Barnett on Michael Mann Hurricane Update
- arn on Michael Mann Hurricane Update
- BenV on Michael Mann Hurricane Update
- arn on Michael Mann Hurricane Update
- Greg in NZ on Michael Mann Hurricane Update
- czechlist on Michael Mann Hurricane Update
- Disillusioned on Michael Mann Hurricane Update
- arn on Michael Mann Hurricane Update
- conrad ziefle on Michael Mann Hurricane Update
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.