Today's news is that manufacturing orders are soaring, although the outlook remains gloomy. Donald Marron, former Acting Director of the Congressional Budget Office among other top DC economic positions, has a new blog. He says we aren't anywhere near Depression 2.0 territory and posts the chart above.
(Hat tip: Marginal Revolution)
This article available online at:
http://www.theatlantic.com/daily-dish/archive/2009/05/not-there-yet/201305/
