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The Recovery Has Begun But It’s Hard To See

The Recovery Has Begun But It’s Hard To See. Source: BLS/TWC. The Pros and Cons of 12 Month Comparisons. Urban data are not seasonally adjusted Avoids seasonal confusions But, the comparisons are dated. The Recovery Has Begun Seasonally Adjusted Data Provide A Clearer Picture. Iraq ↓.

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The Recovery Has Begun But It’s Hard To See

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  1. The Recovery Has BegunBut It’s Hard To See Source: BLS/TWC

  2. The Pros and Cons of 12 Month Comparisons • Urban data • are not seasonally adjusted • Avoids seasonal confusions • But, the comparisons are dated.

  3. The Recovery Has BegunSeasonally Adjusted Data Provide A Clearer Picture Iraq ↓ Enron ↓ Source: BLS/TWC

  4. Comparative Job GrowthSeasonally Adjusted Data Source: BLS/TWC

  5. Breakdown of Growth Source: IRF, BLS/TWC

  6. Not All Sectors are Growing Based on 12 mo comparisons Source: BLS/TWC

  7. Will This Recovery Last? Source: Census, FED, S&P, IRF

  8. GDP vs. Employment GrowthWhere Are We Heading? Today ↓ Source: BEA

  9. Remaining Threats to the U. S. Economy • Continued World Turmoil • Increases in Energy Prices • Globalization Backlash • Housing Market Correction • Election Year Rhetoric

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