What is Macro Pulse?

Macro Pulse highlights recent activity and events expected to affect the U.S. economy over the next 24 months. While the review is of the entire U.S. economy its particular focus is on developments affecting the Forest Products industry. Everyone with a stake in any level of the sector can benefit from
Macro Pulse's timely yet in-depth coverage.


Monday, December 21, 2015

December 2015 Macro Pulse -- Seventy-eight Months and Counting….

Turning the calendar to 2016 will mark 6½ years since the end of the Great Recession (GR) in June 2009. As an illuminating graph by Lance Roberts indicates, that is nearly twice the average duration of expansions since the 1870s. That the expansion is the fourth longest since WWII is certainly heartening but, regrettably, it is also the weakest. Gross domestic product has grown since June 2009 at a compound annual growth rate (CAGR) of only about 2%, less than half the average CAGR of 4.5% among all previous post-WWII expansions. While current growth is above the median of the past 10 years, the trend is down. What can other indicators tell us about the strength of the economy?
Click here to find out and to read the rest of the December 2015 Macro Pulse recap.

The Macro Pulse blog is a commentary about recent economic developments affecting the forest products industry. The monthly Macro Pulse newsletter typically summarizes the previous 30 days of commentary available on this website.
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