Recession of 2009/Tutorials: Difference between revisions

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imported>Nick Gardner
imported>Nick Gardner
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!align="center"| 2008 IV
!align="center"| 2008 IV
!align="center"| 2009 I
!align="center"| 2009 I
!align="center"| 2009 II
!align="center"| 2009 II
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|align="center"| United States
|align="center"| United States
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|align="center"| 0.2
|align="center"| 0.2
|align="center"| 0.7
|align="center"| 0.7
|align="center"| -0.1
|align="center"| -0.7
|align="center"| -1.0
|align="center"| -1.4
|align="center"| -1.6
|align="center"| -0.3
|align="center"|
|-
|-
|align="center"| United Kingdom
|align="center"| United Kingdom
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|align="center"| 0.0
|align="center"| 0.0
|align="center"|-0.7
|align="center"|-0.7
|align="center"|-1.6
|align="center"|-1.8
|align="center"|
|align="center"|-2.4
|align="center"|-0.7
|align="center"|  
|-
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|align="center"|Japan
|align="center"|Japan
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|align="center"| 0.6
|align="center"| 0.6
|align="center"| -1.0
|align="center"| -1.0
|align="center"| -0.5
|align="center"| -1.0
|align="center"| -3.3
|align="center"| -3.5
|align="center"| -3.1
|align="center"| 0.9
|align="center"|
|-
|-
|align="center"|Germany
|align="center"|Germany
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|align="center"| 1.4
|align="center"| 1.4
|align="center"| -0.4
|align="center"| -0.4
|align="center"| -0.5
|align="center"| -0.3
|align="center"| -2.1
|align="center"| -2.4
|align="center"| -3.5
|align="center"| 0.3
|align="center"|
|-
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|align="center"|France
|align="center"|France
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|align="center"| 0.4
|align="center"| 0.4
|align="center"| -0.3
|align="center"| -0.3
|align="center"| 0.1
|align="center"| 0.2
|align="center"| -1.2
|align="center"| -1.4
|align="center"| -1.3
|align="center"| 0.3
|align="center"|
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|align="center"|Italy
|align="center"|Italy
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|align="center"| 0.4  
|align="center"| 0.4  
|align="center"| -0.6
|align="center"| -0.6
|align="center"| -0.6
|align="center"| -0.8
|align="center"| -1.8
|align="center"| -2.1
|-
|align="center"| -2.7
|align="center"| Austria
|align="center"|
|align="center"| 0.5
|align="center"| 0.2
|align="center"| 0.0
|align="center"| -0.2
|-
|align="center"|Sweden
|align="center"|
|align="center"| -0.6
|align="center"| -0.5
|align="center"| -0.5
|align="center"| -1.0
|align="center"| -2.4
|-
|align="center"| Switzerland
|align="center"|
|align="center"| 0.1
|align="center"| 0.1
|align="center"| 0.1
|align="center"| -0.3
|-
|align="center"| Iceland
|align="center"|
|align="center"| -1.6
|align="center"|  4.7
|align="center"| -3.4
|align="center"|  
|align="center"|  
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: (Source: Eurostat [http://epp.eurostat.ec.europa.eu/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2009/PGE_CAT_PREREL_YEAR_2009_MONTH_03/2-05032009-EN-AP.PDF])
 
: (Source: OECD [http://www.oecd.org/dataoecd/62/27/43514819.pdf]


===Unemployment rates===
===Unemployment rates===

Revision as of 11:30, 1 September 2009

This article is developing and not approved.
 Main Article
 Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
Timelines [?]
Tutorials [?]
Addendum [?]
 
https://en.citizendium.org/wiki/index.php?title=Recession_of_2009/Tutorials&printable=yes
Tutorials relating to the topic of Recession of 2009.
Economic Statistics of the Recession

United States

Growth rates

(Percentage change at an annual rate [1])
2007 2008 I 2008 II 2008 III 2008 IV 2009 I
GDP 2.3 0.9 2.8 -0.5 -6.2
Consumption 2.2 0.9 1.2 -3.8 -4.3
Business investment 6.4 2.4 2.5 -1.7 -21.0
Residential construction -19.0 -25.5 -13.3 -16.1 -22.2
(Source: US Department of the Treasury [1])

Unemployment rates

(per cent - seasonally adjusted)
Jan Feb March April May June July Aug Sept Oct Nov Dec
2008 4.9 4.8 5.1 5.0 5.5 5.6 5.8 6.2 6.2 6.6 6.8 7.2
2009 7.6 8.1
(Source: US Department of Labor [2])

United Kingdom

Growth rates

(Percentage change at an annual rate [1])
2007 2008 I 2008 II 2008 III 2008 IV 2009 I
GDP 3.0 1.6 0.0 -2.8 -6.0
Household expenditure 3.3 3.8 -1.0 -0.8 -2.8
Fixed capital investment 7.2 -11.0 -5.0 -13.8 -8.9
(Source UK National Statistics [3])

House prices

(per cent change on previous period)

2008 II 2008 III 2008 IV 2008 Dec 2009 Jan 2009 Feb
-5.1 -5.6 -5.2 -1.6 2.0 -2.3
{Source: Halifax Building Society)

International comparisons

GDP growth rates

(per cent change on previous quarter)
2007 IV 2008 I 2008 II 2008 III 2008 IV 2009 I 2009 II 2009 II
United States 0.0 0.2 0.7 -0.7 -1.4 -1.6 -0.3
United Kingdom 0.9 0.3 0.0 -0.7 -1.8 -2.4 -0.7
Japan 0.5 0.6 -1.0 -1.0 -3.5 -3.1 0.9
Germany 0.3 1.4 -0.4 -0.3 -2.4 -3.5 0.3
France 0.4 0.4 -0.3 0.2 -1.4 -1.3 0.3
Italy 0.4 -0.6 -0.8 -2.1 -2.7 -0.5


(Source: OECD [4]

Unemployment rates

(ILO definition, seasonally adjusted)
2007 IV 2008 I 2008 II 2008 III 2008 IV
United States 4.8 4.9 5.4 6.0 6.9
United Kingdom 5.1 5.1 5.4 5.8 6.3
Japan 3.8 3.9 4.0 4.1 4.0
Germany 8.0 7.6 7.4 7.5 7.9
France 7.8 7.6 7.7 7.7 8.0
(Source: OECD)

Fiscal stimulus packages

( % of GDP)
2008 2009 2010 Total
United States 1.1 2.0 1.8 4.8
United Kingdom 0.2 1.4 -0.1 1.5
Germany 0.0 1.5 2.0 3.4
France 0.0 0.7 0.7 1.3
Japan 0.4 1.4 0.4 2.2
Canada 0.0 1.5 1.3 2.7
(Source: IMF estimates[5])

Public Debt

( % of GDP )
   Japan       Italy       France      Germany    United States United Kingdom   China   Australia
2007 195 107 65 65 62 44 20 9
2014 est 222 118 79 77 100 76 19 4
(Source: IMF March 2009 [6])

Notes

  1. ↑ 1.0 1.1 calculated as eg {(Q2/Q1)^4 -1}*100
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