Are we Coming out of the Recession?

10 ARE WE COMING OUT OF 52% US owned assets abroad, excluding financial derivatives RECESSION? 6 DJIA recovered by over 50% is the DJIA recovery from the low of 6,469.95 13,896 Sep'07 11,350 Jun'08 The US stock market is soaring, commodity prices are on the rise, and there are signs that consumer confidence is growing. Ask the US government if the recession is ending and you'll hear a resounding yes as the Obama administration rushes to claim an early victory. Naysayers however point to the massive US debt and the 10% unemployment rate as signs that, even with the economic stimulus package, we still have a long way to go. Our infographic displays some leading economic indicators on the road to recovery 9,627 Sep'09 Source: www. finance.yahoo.com 426,058 7,609 2008: Mar'09 10,992 2007 | Global economy predicted to rebound 2 US economy predicted to be positive 2,003 Automobile sales at 72% of '08 for first 8 months ...... .....- 5.1% 11,320 3.1% 2006 2008:1| -2.6% 2.0% .........--........- 9,763 2008 1.1% %24 0.8% 24 117,897 7,050 2009 2008 || 2008 2007 2.5% Source: www.bea.gov 2007 2008 2009 2010 -1.4% Source: www.imt.org -28% -11,888 2008 M 2009 2010 Source: www.imt.org Airlines slashing 4 frequencies with pas- sengers travelling less is the '09 vs '08 automobile sales for first 8 months 81% -67,757 is the global projected 2010 growth as a percent of 2008 285% 2009: is the growth in US bank failures 2% 16,393 0.8 Jan'09 vs '08 2009:1| Aug is the growth from the low in manufacturing output Source: www.bea.gov Source: www.federalreserve.gov -5 Mar'09 vs 08 Foreigned owned assets in US 114,730 US manufacturing positive 3 in july & august 107,343 94,734 41,785 29,322 May 09 vs '08 Jun'09 vs '08 Jul'09 vs '08 -251,501 -1.1 May Feb'09 vs '08 Apr'09 vs '08 2008: 2008 | 2009 2008:1| 2008 N 2009:1 -1.6. Source: www.bea gov $ 335,031 $ 340,671 2008:1| 2008:| Source: www.cagaviation.com 5° US exports down 24%, but leveling out Bank failures dwarfing recent years 100+ NIL $ 251,983 26 2009:1 $ 248,857 2009 || mint.com 2006 2007 2008 2009 Source: www. fdic.gov Source: www.bea.gov Infographics: RAJ