Double-Dip Recession: Previous Experience and Current Prospect

Elwell, Craig K.

Library of Congress. Congressional Research Service.

关键词: Business cycles;    Economic stabilization;    Financial crises;    Business forecasting;    Economic policy;   

RP-ID  :  R41444
RP-ID  :  R41444_2012Jun19

美国|英语

来源: UNT Digital Library

【 摘 要 】

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.