Weakest postwar recovery since Great Depression, AP finds
An AP analysis shows the 2009June recovery as the feeblest in the postwar era. GDP rose 6.8 percent in three years, far below the 15.5 percent average of prior recoveries, with unemployment at 8.3 percent and housing collapse cited as core drags. Europe’s troubles and U.S. political gridlock compound the slowdown.
MENTIONED IN THIS ARTICLE
Washington, D.C
U.S
Associated Press
Lehman Brothers
Nobel Diamond
Massachusetts Institute of Technology
Europe
Atlantic
America
Greg Mann
Braselton
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