GDP - a long way to catch up
Such was the dent to GDP following the financial crisis and subsequent recession that GDP is much lower than it would have been if the pre-crisis trend had continued. The chart below shows how wide the gap is. The orange line is an approximate trend line for the growth between 1992 and 2007. The light blue line is from the early 2000s to 2007.
Stephen Beer, 17/09/2014