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                    May 29, 2010
		Graph of the Day for May 29, 2010
"This gets at a theme I've written about in the past, and will surely return to: a lot of the American image of Europe as a moribund economy is, like, so 1990s. They're doing better now - and we're doing worse."  Paul Krugman, January 2008.
Declines in Real GDP (%) During the Great Recession

Source:  IMF World Economic Outlook, April 2010.
Hoven's Index for May 29, 2010
Real GDP growth from 1992 to 2001, average annual rate: 
Australia:  3.8%
Norway:  3.6%
US:  3.5%
Spain:  3.0%
Netherlands:  3.0%
UK:  2.9%
Advanced Economies:  2.8%
Greece:  2.5%
Sweden:  2.2%
Euro Area:  2.1%
France:  2.1%
Germany:  1.7%
Italy:  1.6%
Japan:  0.9%
Source:  IMF World Economic Outlook, April 2010.
Graph of the Day Archive.




