IMF reported: "With such policies in place, it is reasonable to expect recovery to start in 2009 and gather strength in 2010," Mr. Blanchard said.
Around 2010, U.S econ should see its lowest point and start to do better.
http://www.euromonitor.com/Global_financial_crisis_2008_decline_in_short_term_but_recovery_by_2010: Global financial crisis 2008: decline in short-term but recovery by 2010
Author: Countries and Consumers
Date published: 16 Oct 2008
...Strong inflationary pressures continue to be led by oil and food prices, which remain comparatively high, and while prospects for the 2009-2012 period are uncertain, most projections conclude that the global economy should start to recover in 2010. ...
- ...In 2010, however, world growth is expected to rebound to 4.2% and then stabilise at 4.8% in 2011 and 2012;
- Inflation is expected to fall to 4.6% in 2009 and stabilise at around 3.5% per year in 2011-12. Inflation will, however, remain problematic in the short-term for both developed and developing economies, restraining consumer spending and wider economic growth;
- In the USA, the world's largest economy, real GDP growth is projected to be 2.0% in 2010 compared to 0.1% in 2009;
- Other factors are far more uncertain and make future projections difficult. These include commodity prices, especially those of oil, which is affected not only by supply and demand factors but also by speculation, and of food, where unpredictable climatic factors play a role;
Siro:
this time line showed U.S.'s nine economic recessions. The recent one included: 1978 (recovery started by 1980) /1981 (recovery started by 1982) / 1984 (recovery started by 1991) / 2001 (recovery started by 2002).
Overall, 1980,1982, 1991 and 2002's complexion should be similar to projection of 2010.
When we conduct our forecast, mentioned years are the major references!
Our color choices are reasonable bright, according to 80/82/91/2002's color trends (from other blogs)!
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