Wednesday, November 25, 2009
Components of Revised Q3 GDP
It turns out that Q3 GDP growth was even less robust than the initial 3.5% number, revised down yesterday to 2.8%. So although we are technically not in recession, the growth we are seeing is anemic and almost totally driven by government spending, which is not sustainable. From The Corner:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment