Recession of 2009/Tutorials


 * Economic Statistics of the Recession

Growth rates

 * (Percentage change at an annual rate )


 * {|class = "wikitable"

! !align="center"|2007 !align="center"|2008 I !align="center"|2008 II !align="center"|2008 III !align="center"|2008 IV !align="center"|2009 I
 * GDP
 * align="center"|  2.3
 * align="center"|  0.9
 * align="center"|  2.8
 * align="center"| -0.5
 * align="center"| -6.2
 * Consumption
 * align="center"|  2.2
 * align="center"|   0.9
 * align="center"|  1.2
 * align="center"| -3.8
 * align="center"| -4.3
 * Business investment
 * align="center"|  6.4
 * align="center"|  2.4
 * align="center"|  2.5
 * align="center"| -1.7
 * align="center"| -21.0
 * Residential construction
 * align="center"| -19.0
 * align="center"| -25.5
 * align="center"| -13.3
 * align="center"| -16.1
 * align="center"| -22.2
 * }
 * Residential construction
 * align="center"| -19.0
 * align="center"| -25.5
 * align="center"| -13.3
 * align="center"| -16.1
 * align="center"| -22.2
 * }
 * }


 * (Source: US Department of the Treasury )

Unemployment rates

 * (per cent - seasonally adjusted)


 * {|class = "wikitable"

!align="center"| !align="center"|Jan !align="center"|Feb !align="center"|March !align="center"|April !align="center"|May !align="center"|June !align="center"|July !align="center"|Aug !align="center"|Sept !align="center"|Oct !align="center"|Nov !align="center"|Dec
 * align="center"|2008
 * align="center"|4.9
 * align="center"|4.8
 * align="center"|5.1
 * align="center"|5.0
 * align="center"|5.5
 * align="center"|5.6
 * align="center"|5.8
 * align="center"|6.2
 * align="center"|6.2
 * align="center"|6.6
 * align="center"|6.8
 * align="center"|7.2
 * align="center"|2009
 * align="center"|7.6
 * align="center"|8.1
 * align="center"|
 * align="center"|
 * align="center"|
 * align="center"|
 * align="center"|
 * align="center"|
 * align="center"|
 * align="center"|
 * align="center"|
 * align="center"|
 * }
 * align="center"|
 * }


 * (Source: US Department of Labor )

Growth rates

 * (Percentage change at an annual rate )


 * {|class = "wikitable"

! !align="center"|2007 !align="center"|2008 I !align="center"|2008 II !align="center"|2008 III !align="center"|2008 IV !align="center"|2009 I
 * GDP
 * align="center"|  3.0
 * align="center"|  1.6
 * align="center"|  0.0
 * align="center"| -2.8
 * align="center"| -6.0
 * Household expenditure
 * align="center"|  3.3
 * align="center"|  3.8
 * align="center"| -1.0
 * align="center"| -0.8
 * align="center"| -2.8
 * Fixed capital investment
 * align="center"|  7.2
 * align="center"| -11.0
 * align="center"| -5.0
 * align="center"| -13.8
 * align="center"| -8.9
 * }
 * align="center"| -11.0
 * align="center"| -5.0
 * align="center"| -13.8
 * align="center"| -8.9
 * }


 * (Source UK National Statistics )

House prices
(per cent change on previous period)


 * {|class = "wikitable"

!align="center"|2008 II !align="center"|2008 III !align="center"|2008 IV !align="center"|2008 Dec !align="center"|2009 Jan !align="center"|2008 Feb
 * align="center"|-5.1
 * align="center"|-5.6
 * align="center"|-5.2
 * align="center"|-1.6
 * align="center"|2.0
 * align="center"|-2.3
 * }
 * }


 * {Source: Halifax Building Society)

GDP growth rates

 * (per cent change on previous quarter)


 * {|class = "wikitable"

!align="center"| !align="center"| 2007 IV !align="center"| 2008 I !align="center"| 2008 II !align="center"| 2008 III !align="center"| 2008 IV
 * align="center"| United States
 * align="center"| 0.0
 * align="center"| 0.2
 * align="center"| 0.7
 * align="center"| -0.1
 * align="center"| -1.0
 * align="center"| United Kingdom
 * align="center"| 0.6
 * align="center"| 0.4
 * align="center"| 0.0
 * align="center"|-0.6
 * align="center"|-1.5
 * align="center"|Japan
 * align="center"| 0.5
 * align="center"| 0.6
 * align="center"| -1.0
 * align="center"| -0.5
 * align="center"| -3.3
 * align="center"|Germany
 * align="center"| 0.3
 * align="center"| 1.4
 * align="center"| -0.4
 * align="center"| -0.5
 * align="center"| -2.1
 * align="center"|France
 * align="center"| 0.4
 * align="center"| 0.4
 * align="center"| -0.3
 * align="center"| 0.1
 * align="center"| -1.2
 * align="center"|Italy
 * align="center"|
 * align="center"| 0.4
 * align="center"| -0.6
 * align="center"| -0.6
 * align="center"| -1.8
 * 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"| -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"| 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"|
 * }
 * }


 * (Source: Eurostat )

Unemployment rates

 * (ILO definition, seasonally adjusted)


 * {|class = "wikitable"

!align="center"| !align="center"| 2007 IV !align="center"| 2008 I !align="center"| 2008 II !align="center"| 2008 III !align="center"| 2008 IV
 * align="center"| United States
 * align="center"| 4.8
 * align="center"| 4.9
 * align="center"| 5.4
 * align="center"| 6.0
 * align="center"| 6.9
 * align="center"| United Kingdom
 * align="center"| 5.1
 * align="center"| 5.1
 * align="center"| 5.4
 * align="center"| 5.8
 * align="center"| 6.3
 * align="center"|Japan
 * align="center"| 3.8
 * align="center"| 3.9
 * align="center"| 4.0
 * align="center"| 4.1
 * align="center"| 4.0
 * align="center"|Germany
 * align="center"| 8.0
 * align="center"| 7.6
 * align="center"| 7.4
 * align="center"| 7.5
 * align="center"| 7.9
 * align="center"|France
 * align="center"| 7.8
 * align="center"| 7.6
 * align="center"| 7.7
 * align="center"| 7.7
 * align="center"| 8.0
 * }
 * align="center"| 7.6
 * align="center"| 7.7
 * align="center"| 7.7
 * align="center"| 8.0
 * }


 * (Source: OECD)

Fiscal stimulus packages

 * ( % of GDP)


 * {|class = "wikitable"

! !align="center"| 2008 !align="center"| 2009 !align="center"| 2010 !align="center"| Total
 * align="center"|United States
 * align="center"|1.1
 * align="center"|2.0
 * align="center"|1.8
 * align="center"|4.8
 * align="center"|United Kingdom
 * align="center"|0.2
 * align="center"|1.4
 * align="center"|-0.1
 * align="center"|1.5
 * align="center"|Germany
 * align="center"|0.0
 * align="center"|1.5
 * align="center"|2.0
 * align="center"|3.4
 * align="center"|France
 * align="center"|0.0
 * align="center"|0.7
 * align="center"|0.7
 * align="center"|1.3
 * align="center"|Japan
 * align="center"|0.4
 * align="center"|1.4
 * align="center"|0.4
 * align="center"|2.2
 * align="center"|Canada
 * align="center"|0.0
 * align="center"|1.5
 * align="center"|1.3
 * align="center"|2.7
 * }
 * align="center"|Canada
 * align="center"|0.0
 * align="center"|1.5
 * align="center"|1.3
 * align="center"|2.7
 * }


 * (Source: IMF estimates)

Public Debt

 * ( % of GDP )


 * {|class = "wikitable"

! !align="center"|  Japan !align="center"|  Italy !align="center"|  France !align="center"|  Germany !align="center"| United States !align="center"| United Kingdom !align="center"|  China !align="center"| Australia
 * 2007
 * align="center"|195
 * align="center"|107
 * align="center"|65
 * align="center"|65
 * align="center"|62
 * align="center"|44
 * align="center"|20
 * align="center"|9
 * 2014 est
 * align="center"|222
 * align="center"|118
 * align="center"|79
 * align="center"|77
 * align="center"|100
 * align="center"|76
 * align="center"|19
 * align="center"|4
 * }
 * (Source: IMF )
 * }
 * (Source: IMF )