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Is another US recession just around the corner?

July 11, 2011

recession and growthrates

Dave Altig points out that:

[…] there has been a pretty reliable relationship between sustained bouts of sub-2 percent growth and U.S. recessions (indicated by the gray shaded areas). In fact, over the entire post-World War II era, periods in which year-over-year real GDP growth below 2 percent have been almost always associated with downturns in the economy.

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