Economics for One

Economic Cycle Analysis from the New York Times

Here’s an interesting graphic (“Turning a Corner?”) courtesy of the New York Times. It shows the pattern of economic cycles, over a period of decades.

This graphs plots the relative amount of industrial output against the change in industrial output over a running 6-month period. As you move through the 9 images, you can see how various recessions have progressed.

It’s a neat visual, and shows some interesting patterns, but doesn’t provide much fundamental insight.

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