WASHINGTON POST: U.S. factories still haven’t recovered from the recession

08/21/2015

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BY Jim Tankersley |08/20/15 3:20 PM EDT| Source: Washington Post

It took less than a year for America’s factory output to rebound from the 1991 recession. It took 3½ years to bounce back from the 2001 recession. Now, six years clear of the Great Recession, manufacturing output still hasn’t returned to the pre-crisis levels it reached in 2007, according to revised economic data from the Federal Reserve.

Read more: http://www.washingtonpost.com/news/wonkblog/wp/2015/08/20/u-s-factories-still-havent-recovered-from-the-recession/