In the first year after other postwar recessions, the economy has grown by 6 percent on average.
The interest in Canada comes as the country is turning around from its longest and most severe postwar recession.
Many economists accept this process as a key cause of some postwar recessions.
But in each postwar recession, manufacturing jobs were lost and never returned.
That's what happened in our worst postwar recession, in 1982.
But by 1993, Europe was in the middle of its deepest postwar recession.
Moreover, it has fallen for 27 months, longer than in any other postwar recession.
The longest postwar recession, which lasted 16 months, occurred in from 1973-1975.
The average length of previous postwar recessions was 11 months.
No postwar recession, except for 1990-91, has ended with such a small decline in production.