« Emergent Economic Systems
You Aren’t a PC, Dammit. »

Fed: We’ve Been In a Recession Since 2007

I have been watching the money supply closely, getting email alerts when they update the data.

Today they just added “recession bars” to mark the current recession.

St. Louis Fed: Series: BASE, St. Louis Adjusted Monetary Base

The recession bars go back to about November 2007 up to today.

Of slight note is also the monetary base has leveled off at 1.5 trillion, contracting very slightly over the last couple weeks.

This is still an increase of 76% in the last 11 months.

This entry was posted on Thursday, December 4th, 2008 at 10:25 pm and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Fed: We’ve Been In a Recession Since 2007”

  1. Fed quietly admits we are in a recession, and we have been for a while. - SLUniverse Forums Says:
    December 4th, 2008 at 10:27 pm

    [...] Also Blogged: Gigs Shrugged » Blog Archive » Fed: We’ve Been In a Recession Since 2007 [...]

Leave a Reply