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Definition of 'L-Shaped Recovery'
A type of economic recession and recovery that resembles an "L" shape in charting. An L-shaped recovery represents the shape of the chart of certain economic measures, such as employment, GDP and industrial output. An L-shaped recovery involves a sharp decline in these metrics followed by a long period of flat or stagnant growth.
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Investopedia explains 'L-Shaped Recovery'
Many refer to the 1990s-era in Japan as a classic example of an L-shaped recession, where there was an economy that essentially flatlined for a decade. There are countless other shapes a recession and recovery chart can take, including V-shaped, W-shaped, U-shaped and J-shaped. Each shape represents the general shape of the chart of the economic metrics that gauge the health of the economy.
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Search results for 'L-Shaped Recovery'
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http://www.investopedia.com/ask/answers/09/v-shaped-recovery.asp
... Other recession recovery types often mentioned include the L-shape, U-shape, J-shape, W-shape and many others. An L-shaped recession is a severe type of ...
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http://www.investopedia.com/university/how-to-use-stockcharts-financial-software/chart_type.asp
... Kagi - Another Time-Independent chart that uses a series of L-shaped vertical lines to ... global economy continues to recover slowly, as the US recovery picked up ...
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