The Illinois economy has grown more slowly, or contracted more sharply, than the U.S. economy as a whole every year for at least the past 12 years; new data released for 2010 show that the trend continued last year. The U.S. economy grew by 2.55% in 2010, while Illinois posted just a 1.90% increase. Illinois is [...]
Tag Archives | GDP
Negative residential investment bodes ill for recovery
If you’re interested in the role housing plays in a broader economic recovery, check out this paper from Harvard’s Joint Center on Housing Studies (“Frequently asked questions about the role of housing in recessions and recoveries,” August 2009). Though it’s a year old, it still captures some data from this recession and compares it to [...]
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Economy
