Recession Update: Part 1 of 2
Lakshman Achuthan joins Bloomberg Surveillance to discuss ECRI's recent presentations in Oslo and Chicago: Recession in the Yo-Yo Years.
To see a chart of the Fed's GDI stall speed measure, as discussed in the interview, please see page three of the presentation.
On page six of the presentation there is a chart showing that year-over-year growth in nonfarm payroll jobs has now dropped to an 18-month low, and household job growth has dropped to a 16-month low.
The referenced nominal GDP chart can be viewed on page two of the presentation.
Please see page six of the presentation for referenced housing charts.
Click here to download the presentation images and notes.