World Recession Update
We have quarterly GDP data for 11 more OECD countries since our last post "World plunges into recession in Q42012", and there have been some 2nd estimate revisions (such as the U.S). The chart below shows an improvement over the last post we made with the inclusion of more data points, but both the measures of single and two quarter recession metrics are still below their respective "Global Recession" thresholds:
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Dwaine van Vuuren is CEO of RecessionALERT.com, a provider of investment research.