GDP and Unemployment During U.S. Recessions

GDP and Unemployment During U.S. Recessions The severity of a U.S. recession can be measured by the duration and magnitude of the increase in unemployment rate and the decline in real GDP. Image: Alpine Macro

Temporary Help Services Jobs vs. Real GDP and U.S. Recessions

Temporary Help Services Jobs vs. Real GDP and U.S. Recessions Temporary Help Services Jobs at -2.82% YoY in February, are a good leading indicator before a recession (red line at -3.5%). In 2001, 2007 and 2020, when Temporary Help Services Jobs were below -3.5% YoY, a recession began in the United States.

U.S. GDP Growth

U.S. GDP Growth Goldman Sachs remains more optimistic than consensus on U.S. GDP growth in 2023. Image: Goldman Sachs Global Investment Research

M2 Growth vs. U.S. Nominal GDP

M2 Growth vs. U.S. Nominal GDP The sharp contraction in M2 growth could be a cause for concern when it comes to U.S. nominal GDP growth. Image: Deutsche Bank

Contribution to U.S. Real GDP by Sector

Contribution to U.S. Real GDP by Sector U.S. GDP grew 2.7% in Q4 2022. The housing slump was a net drag on GDP, and it’s not over yet. Image: The Daily Shot