On Thu, Jan 14, 2010 at 11:55 AM, Sam <[email protected]> wrote: > > Ended? > When the red line points upwards it has ended. > Unless of course you use Bama magic
You need to go back and look at your graph again. Those are not graphs of when recessions started and ended, those are graphs of other economic indicators and where they stood X number of months after the beginning of a recession. For instance, the 1990 recession (kind of a yellow/goldenrod color in your graph) only lasted 8 months. So when you are looking at the figures 24 months after the start of the 1990 recession, that recession has been over for 16 months already. Which brings up an excellent point, which is that these graphs do not take into account the length of each of the recessions. A similar, and probably more useful, comparison would be start at the end point of each recession. How long did it take for job recovery after each recession ended? How quickly did economic output pick up after the end of the recession? Employment, in particular, is known to be a lagging indicator. The GDP recovers first and then, after some unknown period, hiring tends to pick up as companies become less skittish about adding longer term costs. The economy is not in good shape and jobs are in even worse shape, no doubt. But these graphs don't say what you seem to think they say. Judah ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Want to reach the ColdFusion community with something they want? Let them know on the House of Fusion mailing lists Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:310564 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5
