Tag Archives: USA recession

Covid-19 has triggered USA’s first female recession in 50 years – The Economist

Recent studies find that women dropped out of the labour market to school their children

Graphic detail – The Economist – Mar 8th 2021

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World Economies – The Long Slump

The long slump

Shall the twain meet?

Nov 15th 2012, 18:14 by R.A. | WASHINGTON – The Economist

WE ARE now in the middle of the fourth quarter of 2012. That means that it has been five full years since the American economy first tipped into recession amid a gathering financial storm. How have we done since that time?

Oof. Well that isn’t very good at all. Five years later, only America has surpassed its pre-recession output. For now, it appears to be on a steady, if disappointing, growth trajectory. Japan had the worst recession of the bunch but rebounded quickly. It has since struggled amid seismic disasters and various China troubles.

Britain and the euro area have until recently followed very similar trajectories, but British output turned up nicely in the third quarter while the euro area officially re-entered recession. Continue reading

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