Double-Dip Recession: Previous Experience and Current Prospect

Description:

This report discusses factors suggesting an increased risk of a double-dip recession. A double-dip or W-shaped recession occurs when the economy emerges from a recession, has a short period of growth, but then, still well short of a full recovery, falls back into recession. It also discusses other factors that suggest economic recovery will continue. It presents the U.S. historical experience with double-dip recessions. It examines the role of deleveraging by households and businesses in the aftermath of the recent financial crisis in shaping the likely pace of economic recovery. The report concludes with a look at current economic projections.

Creator(s): Elwell, Craig K.
Location(s): United States
Creation Date: June 19, 2012
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
Usage:
Total Uses: 49
Past 30 days: 1
Yesterday: 0
Creator (Author):
Elwell, Craig K.

Specialist in Macroeconomic Policy

Publisher Info:
Place of Publication: Washington D.C.
Date(s):
  • Creation: June 19, 2012
Coverage:
Place
United States
Description:

This report discusses factors suggesting an increased risk of a double-dip recession. A double-dip or W-shaped recession occurs when the economy emerges from a recession, has a short period of growth, but then, still well short of a full recovery, falls back into recession. It also discusses other factors that suggest economic recovery will continue. It presents the U.S. historical experience with double-dip recessions. It examines the role of deleveraging by households and businesses in the aftermath of the recent financial crisis in shaping the likely pace of economic recovery. The report concludes with a look at current economic projections.

Physical Description:

14 pages.

Language(s):
Subject(s):
Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text