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The 2009 Economic Turnaround National income – Quarterly growth in GDP – Monthly level of GDP – Four-quarter growth of GDP Employment – Job loss and gain,

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Presentation on theme: "The 2009 Economic Turnaround National income – Quarterly growth in GDP – Monthly level of GDP – Four-quarter growth of GDP Employment – Job loss and gain,"— Presentation transcript:

1 The 2009 Economic Turnaround National income – Quarterly growth in GDP – Monthly level of GDP – Four-quarter growth of GDP Employment – Job loss and gain, total, monthly – Job loss and gain, private sector, monthly Jeffrey Frankel, Harvard Kennedy School, Feb. 6, 2012 Background for forthcoming Project Syndicate op-ed

2 End of recession Figure 1 Data Source: BEA, US Department of Commerce

3 Obama Inauguration End of recession Figure 2 Source: Macroeconomic Advisers

4 Figure 3 Data Source: BEA, US Department of Commerce

5 President Obama is inaugurated End of recession Figure 4 Data Source: U.S. Bureau of Labor Statistics

6 Figure 5 Data Source: U.S. Bureau of Labor Statistics


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