Barry Eichengreen and Kevin H. O’Rourke give the global perspective. Just look at the pictures and read their last paragraph. Viz:
The X scale is in months.
Bottom line: While U.S. indicators hold hints of promise, the world as a whole is looking worse than it did in the Great Depression.
The good news: policy responses have been pretty aggressive–downright spectacular compared to the total non-response in the U.S. pre-FDR.
That may well save us.