The US economy has rebounded from the crisis
Productivity has slowed in most industries
Income inequality continues to increase
Output recovery has been weaker than after previous recessions, while the decline in the unemployment rate has been faster
Business fixed investment has recovered as output growth continues steadily
The exchange rate has appreciated sharply and export growth has slowed
Recession probabilities: real time and in-sample comparisons
Strong job gains and much lower unemployment rates
Price and wage inflation have remained stubbornly subdued
Real-time estimates of the US output gap can be misleading