Here are data around 2001, for GDP, employment, industrial production, manufacturing and trade industry sales, personal income. Note: no consecutive quarters of negative growth, as in the Chris Cillizza rule. Figure 1: GDP in Ch2012$ SAAR (blue bar), nonfarm payroll employment (blue line), industrial production (tan), personal income excluding current transfers, in Ch2012$ (green), manufacturing … Continue reading Erasing the 2001 Recession