The most striking thing about today’s report on gross domestic product is that it shows that the U.S. economy is still smaller today than it was when the recession began—even after more than a year after the recession officially ended. This remains a historically slow recovery. Never since WWII has it taken so long to recover to pre-recession levels of GDP.
-Josh Bivens, EPI economist
For a detailed analysis, watch for EPI’s GDP Picture coming later today.