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The Deteriorating Economic Outlook
Paulcraigroberts.com ^ | 7/8/2014 | Craig Roberts

Posted on 07/08/2014 11:56:14 AM PDT by GilGil

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To: GilGil

It went down 2.9 plus another 3 from the new method of calculating last year....so it went to NEGATIVE 6 PERCENT GDP......IF THIS NEXT QUARTER IS NOT AT LEAST PLUS 3 PERCENT....WE ARE IN A RECESSION ACCORDING TO THE DEFINITION....2 CONSECUTIVE NEGATIVE QUARTERS.


21 posted on 07/21/2014 11:26:00 PM PDT by TomasUSMC (FIGHT LIKE WW2, WIN LIKE WW2. FIGHT LIKE NAM, FINISH LIKE NAM.)
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