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Explore a comprehensive analysis of the U.S. economy post-recession, covering GDP, consumer spending, housing market, foreign exchange rates, budget surplus, stimulus impact, employment, and tax revenue. Gain valuable insights for strategic decision-making.
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Presented to 2009 Tennessee Federal Tax ConferenceWilliam F. Fox, DirectorCenter for Business and Economic ResearchThe University of Tennessee, KnoxvilleNovember 19, 2009 The U.S. Economy as the Recession Ends
Real GDP: 2005 to 2012 Source: IHS Global Insight, Inc. William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
Growth in Quarterly Real Personal Consumption Expenditures (Chained 2005 Dollars) William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
Unit Sales of New Light Vehicles and Housing Starts William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
FHFA Housing Price Index: 2005 to 2012 Source: IHS Global Insight, Inc. William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
U.S./Euro Foreign Exchange Rate and Real Exports Less Imports William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
Unified Federal Budget Surplus William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
$561 Billion Stimulus Injection2009–2010 Boost to GDP William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
Interest Rates and Inflation William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
TN and U.S. Nonag Job Growth (Year over Year) William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
Change in U.S. Employment*August 2008 vs. August 2009 → *not seasonally adjusted Source: Bureau of Labor Statistics. William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
U.S. Monthly Employment by Sector Compared to Recession Start(1 year before peak through Aug 2009) Source: Calculated by CBER using data from the Bureau of Labor Statistics (Current Employment Statistics database). William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
TN and U.S. Unemployment Rates (Seasonally Adjusted) William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
Tennessee Job Growth by Sector(Quarter Ending Sept 2008 to Sept 2009) William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
Tennessee Manufacturing Jobs, 1990-2008 William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
Nonag Employment Growth, MSAs (Quarter Ending Sept 2008 to Sept 2009) William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu
Percent Growth in Total Tax Revenue Collections, FY2008-2009 U.S. = -8.2 % Less than -10.0% --14-- -10.0% to -5.7% --18-- Greater than -5.7% --18-- William F. Fox, Center for Business and Economic Research, http://cber.bus.utk.edu