Q1 GDP Revision; Jobless Claims

From the BEA: Gross Domestic Product, First Quarter 2011 (second estimate)
Today's GDP Revision came in at an unchanged 1.8% annualized rate.

Initial jobless claims moved higher to 424,000. Link here.

Comparison of Last Four Economic Recoveries

I've put together a comparison, on a cumulative basis in percentage terms, of the last four economic recoveries.

Raw Percentage Numbers from Excel Spreadsheet:

Currently, the 2009 recovery is doing slightly better than the 2002 recovery, although the difference is more than entirely due to the inventory rebuild experienced in the current recovery.

Cumulative Inventory Gains 2009 Recovery vs 2002 Recovery, as a cumulative percentage to GDP, after 7 quarters:
2002: 3.51%
2009: 6.51%

Comparison of Economic Recoveries - Chart