After 2022 ( one of the Shortest Recession ) Economy bounced bank pretty fast.
Due to consumer savings and pent-up demand, retail sales recovered the fastest. Although things are getting better, producers and suppliers are still having problems.
Out of the four, Industrial Production has demonstrated the second-best recovery. Limited inventory and ongoing supply-chain problems are a struggle for producers and suppliers.
Since the recovery’s formal “end,” employment has increased, but for a number of reasons, employers are having trouble filling many open positions.
The lowest recovery can be seen in real income. Regarding trends and keeping up with inflation, income has remained a problem over time.
Here is the same data in Table format :
| Indicator | Aug’21 | Sep’21 | Oct’21 | Nov’21 | Dec’21 | Jan’22 | Feb | Mar | Apr | May | Jun | Jul |
| Employment | 12.56% | 12.88% | 13.40% | 13.90% | 14.35% | 14.73% | 15.28% | 15.59% | 15.87% | 16.16% | 16.47% | 16.87% |
| Industrial Production | 18.69% | 17.53% | 19.30% | 20.01% | 19.77% | 20.23% | 21.12% | 21.97% | 22.77% | 22.66% | 22.67% | 23.36% |
| Real Sales | 43.94% | 44.76% | 45.79% | 45.65% | 42.49% | 45.41% | 46.64% | 46.51% | 47.06% | 46.16% | 45.42% | 45.50% |
| Real Income | 9.57% | 9.81% | 10.33% | 10.51% | 10.52% | 10.34% | 10.67% | 10.35% | 10.71% | 10.88% | 10.57% |
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