Economic Synopses

Short essays on the economic issues of the day written for a generally informed readership.

2013, No. 12

Winners and Losers in the Great Recession

For a significant number of industries - representing roughly a quarter of the U.S. economy - the most recent recession has been business as usual when judged by pre-recession trends. For a slightly larger group of industries, mostly related to construction, manufacturing, and trade, the contractions have been severe, reinforcing a preexisting process of steady relative decline.

 


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