Journal Article
States still feel recession's effects two years after downturn's end
Abstract: The U.S. economy entered a financial-market-driven recession in December 2007 from which it has yet to fully recover. The boom of the mid-2000s has been replaced with a stubborn national reality of high unemployment and sluggish output growth, with no clear indication when economic activity will return to more normal levels.
Keywords: Budget deficits; Labor market;
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File(s): File format is application/pdf http://www.dallasfed.org/assets/documents/research/swe/2011/swe1104b.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Part of Series: Southwest Economy
Publication Date: 2011
Issue: Q4
Pages: 3-7
Order Number: 4