12.11.2008

Snapshot of economy in rapidly accelerating freefall

Chart porn for those of you who like that sort of thing. - Ed.

Overview: Most everyone knows it’s a jungle out there for the U.S. economy, but how does this recession measure up to the last one we went through in 2001?

ChangeWave’s latest corporate quarterly survey shows the U.S. economy caught in the clutches of a recession far deeper and more painful than that of 2001 – with alarmingly low 4th Quarter sales projections, abysmal visibility, a deteriorating job market and a severe pullback in capital spending.

The survey was conducted November 20-December 1, 2008 and a total of 3,029 U.S. respondents participated.

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