Recession of 2009/Tutorials: Difference between revisions

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::::::::(Source UK National Statistics [http://www.statistics.gov.uk/STATBASE/tsdownload.asp?vlnk=215])
::::::::(Source UK National Statistics [http://www.statistics.gov.uk/STATBASE/tsdownload.asp?vlnk=215])


==International comparisons==
==International comparisons==
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|align="center"| -1.0
|align="center"| -1.0
|align="center"| -0.5
|align="center"| -0.5
|align="center"|
|align="center"| -3.3
|-
|-
|align="center"|Germany
|align="center"|Germany
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|align="center"| -0.4
|align="center"| -0.4
|align="center"| -0.5
|align="center"| -0.5
|align="center"|
|align="center"| -2.1
|-
|-
|align="center"|France
|align="center"|France
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|align="center"| -0.3
|align="center"| -0.3
|align="center"| 0.1
|align="center"| 0.1
|align="center"|
|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"|  
|}
|}
: (Source: Eurostat [http://epp.eurostat.ec.europa.eu/pls/portal/docs/PAGE/PGP_PRD_CAT_PREREL/PGE_CAT_PREREL_YEAR_2009/PGE_CAT_PREREL_YEAR_2009_MONTH_03/2-05032009-EN-AP.PDF])


===Unemployment rates===
===Unemployment rates===
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: (Source: OECD)
: (Source: OECD)





Revision as of 13:35, 9 March 2009

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Tutorials relating to the topic of Recession of 2009.


United States

Growth rates

(Percentage change at an annual rate [1])
2007 2008 I 2008 II 2008 III 2008 IV 2009 I
GDP 2.3 0.9 2.8 -0.5 -6.2
Consumption 2.2 0.9 1.2 -3.8 -4.3
Business investment 6.4 2.4 2.5 -1.7 -21.0
Residential construction -19.0 -25.5 -13.3 -16.1 -22.2
(Source: US Department of the Treasury [1])

Unemployment rates

(per cent - not seasonally adjusted)
Jan Feb March April May June July Aug Sept Oct Nov Dec
2008 5.4 5.2 5.2 4.8 5.2 5.7 6.0 6.1 6.0 6.0 6.5 7.1
2009 8.5 8.9
(Source: US Department of Labor [2])

The United Kingdom economy

Growth rates

(Percentage change at an annual rate [1])


2007 2008 I 2008 II 2008 III 2008 IV 2009 I
GDP 3.0 1.6 0.0 -2.8 -6.0
Household expenditure 3.3 3.8 -1.0 -0.8 -2.8
Fixed capital investment 7.2 -11.0 -5.0 -13.8 -8.9


(Source UK National Statistics [3])


International comparisons

GDP growth rates

(per cent change on previous quarter)
2007 IV 2008 I 2008 II 2008 III 2008 IV
United States 0.0 0.2 0.7 -0.1 -1.0
United Kingdom 0.6 0.4 0.0 -0.6 -1.5
Japan 0.5 0.6 -1.0 -0.5 -3.3
Germany 0.3 1.4 -0.4 -0.5 -2.1
France 0.4 0.4 -0.3 0.1 -1.2
Italy 0.4 -0.6 -0.6 -1.8
Austria 0.5 0.2 0.0 -0.2
Sweden -0.6 -0.5 -1.0 -2.4
Switzerland 0.1 0.1 0.1 -0.3
Iceland -1.6 4.7 -3.4
(Source: Eurostat [4])

Unemployment rates

(ILO definition, seasonally adjusted)
2007 IV 2008 I 2008 II 2008 III 2008 IV
United States 4.8 4.9 5.4 6.0 6.9
United Kingdom 5.1 5.1 5.4 5.8
Japan 3.8 3.9 4.0 4.1 4.0
Germany 8.0 7.6 7.4 7.5 7.9
France 7.8 7.6 7.7 7.7 8.0
(Source: OECD)



Public Debt

( % of GDP )
   Japan       Italy       France      Germany    United States United Kingdom   China   Australia
2007 195 107 65 65 62 44 20 9
2014 est 222 118 79 77 100 76 19 4
(Source: IMF [5])

Notes

  1. 1.0 1.1 calculated as eg {(Q2/Q1)^4 -1}*100