![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjV2R2e6J_Egp2G2DNZaWmH00Ivkz5GqBxHFzX3Oq77tu_SRgv7lmlDeI_tfbWPuZVzRNPtzCHUHPpeRDkOQ4aompB7_kUWfmMrH2f2oFNAlbgKByEyhP6roF07P09CMTaF3qb7e5MlqiI/s320/Goods+vs.+Services.jpg)
Click to enlarge.
Poof.
Let's look at the bigger picture and see where we are.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhhdgQTcaLG19VM8wLGxEuxH18c1CzKN5ROubfQb7OEnc_IJAwXk8dTbXayly7cL_QxjJC3vIQgYk2J_3TAmSCUsD_7AuPHCWdNwShdt0_MxtM4SMwJJWnIGZR8rpggGLRFBTbYd6FJpiI/s320/Goods+vs.+Services+-+Long-Term.jpg)
Click to enlarge.
If transitioning from a goods-producing economy to a service-providing economy is such a good thing, then why does the bulk of the transitioning happen during recessions?
Source Data:
St. Louis Fed: Custom Chart #1
St. Louis Fed: Custom Chart #2
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Posted by: Tukiyooo
The "Recovery" Updated at :
11:19 AM
Sunday, January 5, 2014
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