... strength of a recession. Duration simply measures how long a recession lasts. The average length of recessions thus far is eleven months. The 1990-91 recession lasted only nine months, resulting in a below average posting. Diffusion is based by examining the industries with declining employment. The maximum percentage for most post-war recessions was around 81 percent where as this only posted a 73 ... Index The Consumer Price Index (CPI) is a measure of the average change in price over time in a fixed market of goods and services bought by consumers for day-to-day living. CPI in the mo...

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• Approx Pages: 12
• Grade Level: High School

... cut interest rates in an effort to stimulate the economy. Gross Domestic Product Gross Domestic Product in the first and second quarters of 2001 came in at 1.3% and 0.7%, respectively; well below the 2.3% and 5.7% for the same periods of 2000. While these growth rates are incredibly weak, they are still expansions rather than contractions of the economy. This year's main strength has ... Fed Fund Rates two more 25 basis point reductions over the remaining year to end with 3.25%. It is highly unlikely they will allow the Fed Fund Rate to drop below 3.0%. Demographics Household formations...

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• Approx Pages: 4
• Grade Level: High School