The middle charts show trends in government spending in advanced economies and in developing ones, comparing the trend during the current recovery to an average of the recoveries after three previous world downturns — in 1975, 1982 and 1991.
Although high energy prices are only likely to be a light drag on the current recovery, many of the factors behind the recent surge in prices are likely to persist, such as: The stock prices of the 29 oil and gas companies on the S&P 500 are up by 31.2% in 2005.
We estimate that at the end of the second quarter of 2010, exactly one year ago and one year after the start of the current recovery, the volume of interest-sensitive assets directly held by U.S. households ranged from $9.9 trillion to approximately $18.8 trillion.
"But the American people are gonna say, 'not so fast.'" And Representative Cathy McMorris Rodgers of Washington compared the current recovery with the recovery of the early 1980s recession under President Ronald Reagan, a party icon.
Indeed, some economists believe that Arizona and other states that boomed during the early years of the century may lag behind in the current recovery, as many of their residents struggle to reduce their debts.
We report here on the use of a technique of differential current measurement to monitor the efficiency of current recovery in the test facility, and investigate the possibility of using such a monitor in the machine protection system.
Analyses of fundraising during the current recovery period and analyses of returns from funds invested during the financial crisis years will be especially important from a policy and a financial management perspective.
Another feature of the current recovery is the long duration of unemployment for many workers.
Still, by the standards of the current recovery, the employment report offered plenty of good news, and this despite the bureau's annual benchmark revisions, which resulted in a slight lowering of job numbers reported last year.
The result is low capital spending, one of the striking anomalies of the current recovery, which in turn can explain other troubling aspects of the recovery, from slow growth to low interest rates.
