The U.S. economy has grown slowly since the recession in 2008 and 2009. In the three years following the recession, the cumulative growth of the nation’s output—real gross domestic product—was nearly 9 percentage points below the average seen in previous economic recoveries since the end of World War II, or less than half the average growth during those other recoveries.
The U.S. economy has grown slowly since the recession in 2008 and 2009. In the three years following the recession, the cumulative growth of the nation’s output—real gross domestic product—was nearly 9 percentage points below the average seen in previous economic recoveries since the end of World War II, or less than half the average growth during those other recoveries.