Thursday, June 16, 2011

Economic Distress Index Update

For the first time since May 2010, the Economic Distress Index has crossed above 50 points.  Anything above 46 is considered to be economic distress.  The US has been above 46 since May 2008.  (The NBER dates the recession beginning in December 2007 and lasting through June 2009.)  It peaked at 62.8 in June 2009.  From there it fell to 48.0 in December 2010, but has been rising steadily since.


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