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In this sense, consistent with Stock and Watson (2012), these simple decompositions show that nearly all of the slow recovery in output coming out of the Great Recession stems from a secular decline in the labor force participation rate.
Second, we noticed that when the parallelogram becomes very skewed, the earlier simple decomposition does not work so easily (see Figure 2); or rather, it requires a decomposition of the parallelogram into more parts, but that would compromise the visual-neatness which is the standout feature of this approach.
5 kN (10,000 Ibs) of thrust by simple decomposition of HTP.