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Username: ForexGuy

Rating:
Guru Stars

Asked to: Tom Burke

Date Created: 16 Feb 2017
Category 46
Tag Financial
Question Please give the definition of 'U-Shaped Recovery'.
Advice from Guru
Hi ForexGuy,

A type of economic recession and recovery that resembles a "U" shape in charting. Specifically, a U-shaped recovery represents the shape of the chart of certain economic measures, such as employment, GDP and industrial output. A U-shaped recovery involves a gradual decline in these metrics followed by a gradual rise back to its previous peak. Compared to a V-shaped recovery, the U-shaped recovery takes longer to reach levels seen prior to the start of the recession.

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