Daily Archives: April 30, 2008

Second quarter of US contraction now confirmed

Posted on April 30, 2008 by Danielle Park

Today we received the official first guesstimate of US Q1 GDP from the BEA. In real, after-inflation terms, we were told that the economy grew for the second quarter in a row by a sub-par but conveniently positive .6% “annualized”. … Continue reading →

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