{"id":192985,"date":"2009-01-29T19:15:00","date_gmt":"2009-01-30T00:15:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/01\/29\/activity-declined-in-every-state-in-december\/"},"modified":"2009-01-29T19:15:00","modified_gmt":"2009-01-30T00:15:00","slug":"activity-declined-in-every-state-in-december","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2009\/01\/29\/activity-declined-in-every-state-in-december\/","title":{"rendered":"Activity Declined in Every State in December"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/img89.imageshack.us\/img89\/6986\/phillyfeddec2008state05so7.jpg\" style=\"margin: 0px 10px 10px 0px; float: left; cursor: pointer;\" width=\"375\" \/><img decoding=\"async\" src=\"http:\/\/img89.imageshack.us\/img89\/9195\/phillyfeddec2008map0601oh1.jpg\" style=\"margin: 0px 10px 10px 0px; float: left; cursor: pointer;\" width=\"375\" \/>For the first time ever, the <a href=\"http:\/\/www.calculatedriskblog.com\/2009\/01\/philly-fed-activity-declined-in-every.html\">Federal Reserve Bank of Philadelphia has released a report showing a decline in the coincident index in all 50 states<\/a>.<\/p>\n<p>Not only are we in a recession, but every single state is individually in a recession, for the very first time.<\/p>\n<p>Look at 1982, when Paul Volker was doing his best to crush wages, and still, there were 7 states whose economies were expanding.<\/p>\n<p>This is going to get very very bad.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>For the first time ever, the Federal Reserve Bank of Philadelphia has released a report showing a decline in the coincident index in all 50 states. Not only are we in a recession, but every single state is individually in a recession, for the very first time. Look at 1982, when Paul Volker was doing &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[973,1089],"tags":[],"class_list":["post-192985","post","type-post","status-publish","format-standard","hentry","category-economy","category-recession"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192985"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=192985"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/192985\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=192985"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=192985"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=192985"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}