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Mar 1, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: Wonkbook: Will 2012 feel like a comeback or a setback?

Economy: Economic News, Policy & Analysis - The Washington Post
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Wonkbook: Will 2012 feel like a comeback or a setback?
Mar 1st 2012, 12:58

Quick! Was 2011 or 2010 a better year for the economy?

The answer is 2010, at least if you're looking at growth. That year -- widely considered a disappointing one for the recovery -- saw three percent economic growth. As for 2011, even with the strong fourth quarter, growth was only 1.7 percent. That's not so impressive. And yet this, right now, feels like a recovery. It feels like we turned the corner in 2011. 2010, meanwhile, felt like a setback.

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