Friday, March 28, 2014

The Recession Is Over In America

This graph (via Owen Zidar) shows that business profits tanked at the onset of the Great Recession.  They have improved dramatically, however,  from the trough in late 2008, and they are well above where they were before the recession.  Labor compensation, however,  remains below where it was prior to the recession.  The recovery in business profits has also been good for the stock market.  The recession is over for many Americans.

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