- More than five million homes are behind on their mortgage.
- There are over six million Americans who have been unemployed for at least six months, a record 40% of the ranks of the joblessness.
- The private capital stock is growing at is slowest rate in nearly two decades.
- Roughly 30% of manufacturing capacity is sitting idle.
- Nearly 19 million residential housing units or about 15% of the stock is vacant.
- One in six Americans are either unemployed or underemployed.
- Commercial real estate values are down 30% over the past year.
- The average American worker has seen his/her level of wealth plunge $100,000 over the last two years even with the recovery in equity markets this past year.
- Bank credit is contracting at an unprecedented 15% annual rate so far this year as lenders sit on a record $1.3 trillion of cash.
- Unit labour costs are down an unprecedented 4.7% over the past year
---ibid
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