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« US Steel?? | Main | The Early Results of the Government Bailout: Classic Complaints »

October 30, 2008

3rd Quarter GDP Estimates Slightly Negative

Estimates of the 3rd Quarter GDP figures show a decline of .3%. If 4th Quarter GDP figures are negative were are in a recession, starting at the beginning of the 3rd Quarter (July 1).  Estimates change, however.  The 1st Quarter figures increased from estimate to actual by, you guessed it, .3%. 

October 30, 2008 | Permalink

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