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U.S. Economy: Anatomy of a Recession
Where do we stand - and what should we watch for in the coming months?
U.S. Economy: Stay in Front of the Business Cycle
The Anatomy of a Recession (AOR) program, from our specialist investment manager, Clearbridge Investments, is designed to help you stay on top of the business cycle and provide thoughtful insights through our exclusive risk and recovery dashboards. Updated monthly, AOR offers a concise, practical look at what the key indicators are saying about the United States economy and the potential impact on the equity markets. The data suggests that the economy exited the COVID-19 recession around mid-year 2020. As we move into 2021, investor focus has shifted to the possibility of a double dip recession which is why ClearBridge has re-introduced the Recession Risk dashboard. Click on each tab for a different view of the dashboard data.
U.S. Recession Recovery
Data as of December 31, 2020 A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. A recession begins just after the economy reaches a peak of activity and ends as the economy reaches its trough. Between trough and peak, the economy is in an expansion. Expansion is the normal state of the economy; most recessions are brief and they have been rare in recent decades. Source: The National Bureau of Economic Research U.S. Recession Recovery by Comparison
Data as of December 31, 2020 U.S. Recovery Case Dashboard
Data as of December 31, 2020 Resources
Anatomy of a Recession Presentation
View the latest comprehensive slide deck.
Anatomy of a Recession Presentation – Short Version
Take a look at the latest abridged Economic and Market Outlook slide deck.
