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Recession Worst in Recorded Quarterly History

The economy has now declined 3.9% from its peak. According to the Calculated Risk blog (now a must-read for me), this is now the worst recession since quarterly records started in 1947.

Still a ways off from the technical definition of a depression (10% decline), but that doesn’t make it any more enjoyable.

  • http://benmavy.wordpress.com/ Ben

    Calculated Risk is great. Also, if you haven't seen

    <span style='font-size:26.0pt;color:blue'>Abnormal Returns<o:p></o:p></span>

    you should check it out. It's the drudgreport of financial/economic/investment news/blogs.

  • Zachary Madison

    If you like Calculated Risk Mish Shedlock's blog is a must read.

    http://www.globaleconomicanalysis.blogspot.com

  • aaronklein

    Thanks to both of you!


Aaron Klein is CEO at Riskalyze, a Sierra College Trustee, and an adoption and orphan advocate. Most important: a husband and dad striving to live Isaiah 1:17. More »

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