Current recession is less painful than prior downturns, says economist

March 2009
Trailer / Body Builders;Mar2009, Vol. 50 Issue 5, p12
Trade Publication
The article reports on the claim of Doctor Chris Kuehl, economic analyst for the Fabricators & Manufacturers Association International (FMA), that the current recession is not worse than those endured in the past four decades. According to him, the recession is on a par with past downturns and real improvement will start to manifest itself in 2010. It mentions the National Bureau of Economic Research (NBER) as Kuehl's basis of his assertions.


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