Click to enlarge.
...then we are in big trouble.
The blue trend line uses all of the data points.
The red trend line uses just 3 of them.
The optimists would point to the splendid short-term recovery we've had since the Great Recession (2009 to 2013, as seen in the chart). Well, woo frickin' hoo on that one.
Source Data:
St. Louis Fed: Custom Chart
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Posted by: Tukiyooo
If Housing Is the Long-Term Driver of This Economy... Updated at :
5:45 PM
Monday, January 20, 2014
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