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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