Table 1.
The title is "The Late 1980s Recession Affected the Dallas Region Economy More Adversely than the Current Downturn or the Early 1990s Recession."
A table showing the annualized percentage growth rate, peak to trough, of certain economic indicators. The growth rate of the U.S. gross product was 2.9 percent from third-quarter 1985 to first-quarter 1987, minus 2.0 percent from second-quarter 1990 to first-quarter 1991, and 0.1 percent from first-quarter 2001 to fourth-quarter 2001. The growth rate of the Dallas Region gross product was minus 2.7 percent from third-quarter 1985 to first-quarter 1987, 2.4 percent from second-quarter 1990 to first-quarter 1991, and 0.1 percent from first-quarter 2001 to fourth-quarter 2001. The growth rate of U.S. employment was 2.1 percent from third-quarter 1985 to first-quarter 1987, minus 1.4 percent from second-quarter 1990 to first-quarter 1991, and minus 1.1 percent from first-quarter 2001 to fourth-quarter 2001. The growth rate of Dallas Region employment was minus 1.8 percent from third-quarter 1985 to first-quarter 1987, 1.3 percent from second-quarter 1990 to first-quarter 1991, and minus 1.1 percent from first-quarter 2001 to fourth-quarter 2001.