Another Projection: 20% Additional Decline for Housing
Submitted by John Lounsbury on Fri, 07/30/2010 - 13:57Barry Ritholtz provides the following chart, originally from the New York Times, but updated for The Big Picture by Tags:
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Recessions and Depressions: Wall Street vs. Main Street
Submitted by John Lounsbury on Tue, 03/16/2010 - 10:15The previous discussion of GDP might be called the “Wall Street business cycle”. The discussion of employment could be called The “Main Street business cycle”.
Normalized GDP, The Real Story of Growth
Submitted by John Lounsbury on Fri, 02/19/2010 - 11:47It is common practice to normalize economic activity for inflation. One result is real GDP, which has been discussed previously.
Time to Take a Fresh Look at the Business Cycle
Submitted by John Lounsbury on Tue, 02/16/2010 - 12:33The term “business cycle” refers to the cyclic nature of economic activity. The following definition comes from Investopedia: What Does Business Cycle Mean?
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