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Blinder and Watson estimated that the economy was in recession for 49 quarters from 1949–2013; 8 of these quarters were under Democrats, with 41 under Republicans. [1] The 2020 recession brings that to 50 quarters total in recession, 42 under Republicans (84%) and 8 under Democrats (16%). [27]
The 1974-1975 inflation peak looks very similar on the chart to the 2022 peak and decline. However, in 1977, inflation turned back up and made a new high and continued that cycle for another 5-6 ...
The US economy continues to prove resilient despite last year's predictions of a looming recession.. Friday's stronger-than-expected jobs report was the latest sign. The US economy added 353,000 ...
As the most widely used measure of inflation, the CPI is an indicator of the effectiveness of government fiscal and monetary policy, especially for inflation-targeting monetary policy by the Federal Reserve. Now however, the Federal Reserve System targets the personal consumption expenditures (PCE) price index instead of CPI as a measure of ...
According to a Vox analysis, the inflation rate was always under 3% and sometimes under 2% during all four Trump years before cratering to near zero during the peak pandemic, with wage growth ...
The almost three dozen charts and explanations tell the story of a strong market and economy carrying momentum into 2024, despite stumbles seen very early in the year.
A common and specific example is the supply-and-demand graph shown at right. This graph shows supply and demand as opposing curves, and the intersection between those curves determines the equilibrium price. An alteration of either supply or demand is shown by displacing the curve to either the left (a decrease in quantity demanded or supplied ...