Worst economic recovery no more?

Published July 28, 2016 4:01am ET



When the government publishes new estimates of economic growth for the second quarter on Friday, it’s likely that the figures will show that the current economic recovery has outstripped the previous one, at least by one measure.

At the current late stage of the recovery, the cumulative growth in economic output is likely to be greater than it was at the same point in the recovery from the 2001 recession, which had already entered another downturn at that point.

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