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FRED 1,600 1,400 1,200 1,000 Dollars 800 600 400 200 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 Shaded areas indicate U.S.

FRED 1,600 1,400 1,200 1,000 Dollars 800 600 400 200 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 Shaded areas indicate U.S. recessions. Source: U.S. Bureau of Labor Statistics fred.stlouisfed.org

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