Thursday, April 04, 2013


Monthly report comes out tomorrow. I always feel like a Debbie Downer this time of year. What has happened every year, either due to reality or just problems with seasonal adjustment, is that there has been a couple strong months of growth sometime early in the year. Everyone thinks the recovery is finally here, and then it just goes away again. I'll steal Steve Benen's graph.

Obviously we have had job growth and some recovery, but not the recovery we should have (and could have) had.