Archive

Trend and Cycle

Whether measured by real Gross Domestic Product (GDP) or employment, the movement of the economy can be broken down into two components. Trend refers to the long-term growth of the economy, which is described graphically by a smooth curved line between two points in time. Cycle refers to the drifting movement of the economy above and below the trend line.

Volume: 23 - Number: 2

Leading Index Title:

Special Topic Title: Regional Economic Structure

Authors:

  • Dick Conway
  • Doug Pedersen

The Fiscal Cliff

Politicians excel at debating issues and then doing nothing about them...But the Obama administration and Congress have come to the edge of what has been called the "fiscal cliff," and this time there is no backing away.

Volume: 20 - Number: 2

Leading Index Title:

Special Topic Title: Economic Resilience

Authors:

  • Dick Conway
  • Doug Pedersen

A Difficult Recovery

Recessions and recoveries come in all shapes and sizes. The Boeing Bust (1969-71) was a classic V-shaped recession.

Volume: 18 - Number: 2

Leading Index Title:

Special Topic Title: Federal Debt

Authors:

  • Dick Conway
  • Doug Pedersen