CAP en Español
Small CAP Banner

Misery Is Not an Option: Economy Needs More Demand

  • print icon
  • SHARE:
  • Facebook icon
  • Twitter icon
  • Share on Google+
  • Email icon

Three and a half years since the Great Recession began, the U.S. economy remains $56 billion, or 0.4%, below its pre-recession peak. Revised data show that the U.S. economy ground to a halt in the first quarter of 2011, growing by just 0.4%, while new data from the second quarter show the economy barely moved forward, growing by only 1.3%. Read MarketWatch’s story on “GDP grows slender 1.3% in second quarter.”

This pace of growth is too slow to generate significant job creation, and on this path we are more than one-third of the way to a lost decade.

Read more here.

This article was originally published in MarketWatch.

To speak with our experts on this topic, please contact:

Print: Allison Preiss (economy, education, poverty)
202.478.6331 or

Print: Tom Caiazza (foreign policy, health care, energy and environment, LGBT issues, gun-violence prevention)
202.481.7141 or

Print: Elise Shulman (Oceans)
202.741.6256 or

Print: Chelsea Kiene (women's issues, Legal Progress, Half in Ten Education Fund)
202.478.5328 or

Print: Tanya Arditi (Immigration, Progress 2050, race issues, demographics)
202.741.6258 or

Spanish-language and ethnic media: Jennifer Molina
202.796.9706 or

TV: Rachel Rosen
202.483.2675 or

Radio: Chelsea Kiene
202.478.5328 or