Tuesday, July 15, 2008

Everything BUT GDP Points to a Recession

Add another tidbit of data pointing to recession, but since it's not GDP, we technically cannot complain it's a recession yet. That being said, I found this chart interesting showing the trend since the 1960's where commodity prices have jumped (as measured by producer prices) a recession usually follows (denoted by those gray bars).



Don't worry, it will happen. Give it time.

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